Corporate Social Responsibility Under Section 135 of ...
Jul 19, 2024 · Section 135 of the Companies Act, 2013 mandates contributions from certain companies based on financial criteria. CSR enhances public image and brand value, and companies must form a CSR Committee. The Act outlines permitted CSR activities under Schedule VII. Non-compliance results in fines.
notified the amendments in Section 135 of the Act as well in the CSR Rules on 22 nd January 2021 with an aim to strengthen the CSR ecosystem, by improving disclosures and by simplifying compliances.
CSR in India
CSR in India. Enactment of Companies Act, 2013 by the Ministry of Corporate Affairs, Government of India was one of the world's largest experiments of introducing the CSR as a mandatory provision by imposing statutory obligation on Companies to take up CSR projects towards social welfare activities. This has made India the only country which ...
Corporate Social Responsibility (CSR) as Per Companies Act, 2013
Sep 24, 2018 · The Companies Act, 2013 has formulated Section 135, Companies (Corporate Social Responsibility) Rules, 2014 and Schedule VII which prescribes mandatory provisions for Companies to fulfil their CSR. This article aims to analyse these provisions (including all the amendments therein).
About CSR
Jul 23, 2024 · The Corporate Social Responsibility concept in India is governed by Section 135 of the Companies Act, 2013 (‘Act’), Schedule VII of the Act and Companies (CSR Policy) Rules, 2014 wherein the criteria has been provided for assessing the CSR eligibility of a company, Implementation and Reporting of their CSR Policies.
CSR Legislation
Jul 23, 2024 · Companies Act, 2013 ... CSR Cell, Shastri Bhavan New Delhi, IN 110001 contact[dot]csr[at]gov[dot]in. This site is owned by MINISTRY OF CORPORATE AFFAIRS
New amendments to the CSR Act: All you need to know
Feb 9, 2021 · New amendments to the CSR Act: All you need to know. The amendments to the CSR Rules have officially been passed by the Government of India. Here's a comprehensive list of their implications on corporates and nonprofits. by Samheeta Rao. 6 min read.