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CSR PROVISIONS
Delhi EV Policy 2026 paves way for hydrogen-powered vehiclesDelhi's new Electric Vehicle Policy 2026 paves the way for hydrogen fuel-based vehicles within four years, aiming to curb vehicular emissio...
Regulating charity without stifling it: The case for clearer rulesIndia's charity sector, vital for social needs, faces evolving regulations aimed at transparency. While scrutiny is accepted, current rules...
NSE Social Stock Exchange gets CSR boost as MCA clears corporate funding route. Check detailsIndia's Social Stock Exchange receives a significant boost. Companies can now channel a portion of their Corporate Social Responsibility sp...
India should increase investment in R&D to 2 per cent of GDP: Niti AayogNiti Aayog has urged India to boost research and development investment to two percent of GDP within five years. The report suggests restor...
Uncertainty scars J&K’s economy and impacts banking, but resilience here is remarkable: Amitava Chatterjee, J&K BankJammu and Kashmir Bank has recorded its highest profit to date, soaring to Rs 2363.47 crore in FY-26. This achievement marks a significant ...
PM's economic advisory panel flags demand surge for caregivers, seeks policy overhaul for sectorIndia's Prime Minister's economic advisory panel recommends a major revamp of the care sector. Demand for caregivers is expected to surge p...
Rs 36,145 cr spent under CSR by companies in 2019-21"The government monitors the compliance of CSR provisions through the disclosures made by the companies in the MCA21 registry. Whenever any...
Govt sanctioned prosecution in 366 cases related to CSR norms violations: Nirmala Sitharaman"Whenever any violation of CSR provisions is reported, action against such non-compliant companies are initiated as per provisions of the A...
Report on CSR violation being fast-trackedThe panel - headed by corporate affairs secretary Injeti Srinivas has suggested that the government classify offences under CSR provisions ...
Government won’t go ahead with new CSR rulesDecision follows suggestions by a panel which wants breaches to be treated as civil offences, backs penalties
CSR no more an act of magnanimity; no intention to criminalise any default: Corporate Affairs SecretaryNow under Section 135, non-compliance with CSR spending requirement could attract a fine of at least Rs 50,000 and the quantum could go up ...
MCA plans to make geotagging of CSR projects mandatoryThe move comes after govt introduced penal provisions to deal with CSR violations.
284 companies may face prosecution for CSR non-complianceCompanies with a net worth of Rs 500 crore or more, revenues of Rs 1,000 crore or more, or net profit of Rs 5 crore or more in a fiscal yea...
Panel to review CSR frameworkThe committee will review the Schedule 7 of the Act that defines the activities on which companies have to spend their CSR funds.
Govt does not micro manage CSR activities under cos law: Piyush GoyalAs per the law, a company has to constitute a CSR committee of its board and that would decide on the activities to be taken up.
MCA issues 'preliminary notices' to 272 cos for non-compliance with CSR normsUnder the Companies Act, 2013, certain class of entities are required to spend at least two per cent of their three-year average net profit...
High level panel suggests uniform tax treatment for CSR worksA high level committee has recommended leniency for companies not complying with Corporate Social Responsibility provisions of Companies Ac...
Companies Act amendments likely for clarity on CSR normsA government-appointed high level panel recently submitted recommendations on CSR norms to the Corporate Affairs Ministry, which is impleme...
Panel suggests going easy on companies not complying with CSR provisionsA lenient view should be taken of companies not complying with corporate social responsibility (CSR) provisions underlined in Companies Act.
- CSR not mandatory for private sector companies: Moily
The government on Wednesday clarified that the new Companies Bill is not going to make spending on CSR activities mandatory for companies.