Category Archives: CSR / SSE

Corporaate Social Responsbility

Last date for posting comments on Draft CSR Rules approaching fast

As the last date for submitting response in regards to the proposed changes in “CSR Rules” is approaching fast (28th March 2020), It is requested please do post your comment at the earliest. SRRF has posted comment on MCA portal. … Continue reading

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CSR funds can be spent on COVID-19

Ministry of Corporate Affairs has clarified vide it’s General Circular No. 10/2020, dated 23.02.2020;  that spending of CSR Funds by companies for various activities related to COVID-19 under Schedule VII of companies Act 2013 is an eligible CSR activity. (Click … Continue reading

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Proposed Changes in CSR Rules

A detailed note has been prepared on proposed changes in CSR Rules, highliting all the changes you may go through the same. You may read it here. Considering Trusts and Societies are no longer allowed to receive CSR Funds, it … Continue reading

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Changes in CSR effectively rule out ‘Societies’ & ‘Trusts’ from accessing CSR funds

Changes in CSR effectively rule out ‘Societies’ & ‘Trusts’ from accessing CSR funds Another blow to the Non-Profit Sector by the Govt. Ministry of Corporate Affairs has brought out draft rules for changes in CSR rules. The proposed rules now … Continue reading

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How CSR Defines Normal Course of Business?‎

Dear Members Greetings for the day!‎ May I invite comments on the clause for CSR ACTIVITIES as per CSR Rules 2014 para 4(1) under Sec 135 ‎of the Companies Act, 2013, “The CSR activities shall be undertaken by the company, … Continue reading

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CSR Literature

Dear Members, Greetings..!! Can you suggest me any article/sample audit/annual report explaining the 1) CSR Budgeting 2) CSR Financial Expenditure when an Implementing Agency is involved in CSR Policy. PS: Please suggest at earliest. I am aware of 2% expenditure … Continue reading

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Impact of changes in Definition of CSR Companies

Dear Members, In terms of the recent amendment to FCRA under the Finance Act, 2016, Indian companies with more than 50% foreign shareholding will no more be considered a foreign source under the FCRA provided that the the nominal value … Continue reading

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Backward Integration – Is it really CSR?

Dear All, Over a million hectare of Tribal lands are in virtual occupation of ITC in Andhra Pradesh, Telangana and elsewhere. They are doing this under CSR ? This backward integration is part of business and is being pushed under … Continue reading

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Feedback Report of Workshop – Responsible CSO Boards of the Future

Feedback Report of Workshop Responsible CSO Boards of the Future [Saturday, 19th March 2016, India International Centre (Annexe), New Delhi – 110003] Dear Friends with a special Hello to all the Participants who attended the workshop. We thank all the … Continue reading

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Does CSR comes under RTI Act?

Dear Sir, Good Morning. Does CSR comes under RTI Act ? Regards Sanjay Kishore Vaishnav Accounts Officer Ambuja Cement Foundation Opposite Railway Station, Marwar Mundwa – 341026 District – Nagaur (Rajasthan)

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