Regulatory Alerts2024-05-30
Added · Updated
SFD Circular No. 01: Showing the expenditure for promoting the use of Bangla QR as CSR expenditure
The document specifies that certain expenditures related to the 'Cashless Bangladesh' initiative, including government-mandated charges for micro-merchants during Bangla QR campaigns and costs for awareness programs and infrastructure preparation, may be shown under the CSR expenditure head. It explicitly prohibits the inclusion of staff travel, accommodation, and hotel bills in this category. These expenditures must be reported in the other heads of the Reporting Format issued via SFD Circular No. 05 dated November 23, 2023, after being shown in the designated CSR head.
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