What are the different modes of incurring CSR expenditure?
CSR expenditure can be incurred in multiple modes
‘Activities route’, which is a direct mode wherein a company undertakes the CSR projects or programmes as per Schedule VII of the Act, either by itself or by engaging implementing agencies as prescribed in Companies (CSR Policy) Rules, 2014.
‘Contribution to funds route', which allows the contributions to various funds as specified in Schedule VII of the Act.
Contribution to incubators and R&D projects, as specified in item (ix)(a) and contribution to institutes/organisations, engaged in research and development activity, as specified under item (ix)(b) of Schedule VII of the Act.
