Company Law : APPLICABILITY OF CSR – Section 135 of Companies Act, 2013 1. Every company having net worth of rupees five hundred crore or ...
Company Law : Explore returnable grants in CSR, their benefits, and challenges. Learn how these grants promote financial inclusion and multiply ...
Company Law : Explore key highlights from the Union Budget 2024-25 on economy and taxation, including GST updates, direct tax reforms, and fisca...
Company Law : Explore how corporate social responsibility (CSR) impacts consumer behavior and purchase decisions, enhancing brand loyalty and tr...
Company Law : Understand Section 135 of the Companies Act, 2013 with this comprehensive guide. Learn about CSR provisions, amendment rules, and ...
Company Law : Govt. of India's recent measures to enhance corporate governance, prevent fraud, and ensure effective CSR practices. Insights on r...
Company Law : Explore the CSR fund allocation process and district-wise spending details for Uttar Pradesh in the last financial year....
Company Law : The Indian Government clarifies CSR fund regulations, rejecting mandatory sector-specific spending and outlining measures for moni...
CA, CS, CMA : Request for extension of time period for filing of Form CSR-2 for the financial year ended March 31, 2022 without levying addition...
CA, CS, CMA : ICSI Request for extension of time period for filing of Form CSR 2 for the financial year ended March 31, 2022 without levying add...
Income Tax : Detailed analysis of ABIS Export India Pvt Ltd Vs DCIT (ITAT Raipur) case regarding CSR expenses deduction under Sec. 80G. Explore...
Income Tax : Detailed analysis of Alubound Dacs India Private Limited vs. DCIT case before ITAT Mumbai regarding the allowance of Section 80G d...
Income Tax : Explore crucial rulings in case of Interglobe Technology Quotient Pvt Ltd vs ACIT (ITAT Delhi) regarding CSR expenditure disallowa...
Income Tax : Explore how ITAT Kolkata ruling on Britannia Industries Ltd. CSR contributions clarifies tax deductions under Section 80G....
Income Tax : In a recent decision, ITAT Mumbai allows Section 80G deduction on CSR expenses for Rustomjee Realty Pvt Ltd, challenging the disa...
Company Law : Stanley Black & Decker India faces penalties under Section 135 of the Companies Act, 2013 for delays in CSR fund transfers due to ...
Company Law : Read the detailed penalty order issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli against Ganesh Green Bharat Li...
Company Law : Lantiq Communications India Pvt Ltd faces penalties for CSR non-compliance under Sections 134 and 135 of the Companies Act. Penalt...
Company Law : Workforce Logiq India Pvt Ltd faces penalties for CSR non-compliance under Section 135 of the Companies Act, 2013. Details of the ...
Company Law : Learn about penalties imposed by MCA under Companies Act 2013 for non-compliance with CSR spending regulations. Detailed analysis ...
The Corporate Social Responsibility (CSR) is a concept wherein enormous Companies is required to spend a small portion of their Profit (i.e. 2% of Profit) towards CSR Activities which includes promoting health care, promoting education, rural development projects, ensuring environmental sustainability and conservation of natural resources etc.
Mandatory CSR Registration Number, 80G and 12A Registration for NGOs to undertake CSR activities The concept of CSR (Corporate Social Responsibility) was introduced under the Companies Act, 2013 with the enforcement of Section 135 under the Act. Companies have certain responsibilities towards the stakeholders including the society in which it operates. Thus companies which cross […]
MHA’s CyberSafe is a comprehensive system meant to tackle digital frauds and making digital payments secure. Glad to share that this app leads to the neutralisation of a pan-India Fraud Gang spread over 18 States/UTs. Joint Operations by MHA’s FCORD, MP police and several State Police Forces A case of cyber fraud of Rs. 6.5 […]
As per the provisions of the Companies Act 2013 (Act), a company liable to spend on Corporate Social Responsibility activities (CSR) as defined under section 135 of the Act, read with Schedule VII and the Companies (Corporate Social Responsibility Policy) Rules, 2014, can implement its CSR policy and spend its funds for CSR activities by […]
The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021: How has it affected the Corporate Social Responsibility Regime in India? On 22 January 2021, the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 (2021 Rules) were brought into effect by the Government of India, replacing the Companies (Corporate Social Responsibility Policy) Rules, 2014 (2014 Rules). […]
CORPORATE SOCIAL RESPONSIBILITY BACKGROUND: A corporate entity uses the resources of society, it operates its business activity in a society, therefore it is responsibility of a corporate to take care of society in which it operates. Therefore, Corporate social responsibility (CSR) is an obligation of a corporate entity to give back to the society a […]
Corporate Social Responsibility Benefiting Employees (CSR) Series – Part 1 Corporate Social Responsibility (CSR) activity means an activity undertaken by a company in pursuance of its statutory obligation laid down in Sec 135 of the Companies Act. The Corporate Social Responsibility (CSR) Amendment Rule 2021 vide Rule 2(d)(iv) excludes the activities benefitting employees of the […]
Amount to be contributed as specified under Companies Act, 2013? Section 135 provides that the companies, which are mandatorily required to spend towards CSR, shall spend at least 2% of their Average Net Profit (Calculated under section 198, and shall be exclusive of such sums as provided under CSR rules) of the preceding 3 Financial […]
In this article, we shall be discussing that what is the CSR-1 Form and what documents are required to be attached along with these form and what are the pre-requirements for the NGOs/ Trusts and Section 8 companies for filing of the CSR-1 Form E Form CSR-1 After the publication of the Notification by Ministry of […]
CSR which stands for Corporate Social Responsibility is a very related and relevant point of discussion amongst the professionals in the current scenario of the world specially in India. It has become a jargon amongst the companies. Through CSR, Companies can help the whole world sincerely and positively during the pandemic time as well as […]
