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  • Amendment to Corporate Social Responsibility Policy Rules

    Amendment to Corporate Social Responsibility Policy Rules

    Ministry of Corporate Affairs (“MCA”) vide its notification number G.S.R. 526(E) dated 24 August 2020 has notified Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020 (the “Amended Rules”) in order to keep Companies (Corporate Social Responsibility Policy) Rules, 2014 (the

  • Additional activities that may be undertaken to discharge Corporate Social Responsibility

    Additional activities that may be undertaken to discharge Corporate Social Responsibility

    Ministry of Corporate Affairs (“MCA”) vide notification dated 24 August 2020 has amended item (ix) of Schedule VII of the Companies Act, 2013 (the “Act”) to include certain other activities which Companies may undertake in their Corporate Social Responsibility activities.

  • Corporate Social Responsibility (CSR) Contributions in Incubators

    Corporate Social Responsibility (CSR) Contributions in Incubators

    Every company having a net worth of INR 500 crore or more, or turnover of INR 1000 crore or more or a net profit of INR  5 crore or more during the immediately preceding financial year is subject to the

    AS
    By Avaneesh Satyang about 5 years ago
  • CARRYING OUT CSR ACTIVITIES THROUGH A THIRD PARTY

    CARRYING OUT CSR ACTIVITIES THROUGH A THIRD PARTY

    The Companies Act, 2013 makes it compulsory for a company with an annual income of INR 1000 crores, or a net worth of INR 500 crores, or net profit of INR 5 crores to spend at least 2% of the

    Sharda Balaji
    By Sharda Balaji almost 9 years ago
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