Category Archives: CSR

Dear Sir, We have a query from a Corporate partner on whether they can pay a registered charity organisation, its 10 per cent administration fees to run the projects, because the recent CSR bill caps administration expenses to 5 per … Continue reading →

Recently Ministry of Corporate Affairs has issued a circular further clarifying the scope of CSR activities. It states that Schedule VII is to be interpreted liberally so as to capture the essence of services included in Schedule VII. The circular … Continue reading →

In regards to interpretation of clauses, if the schedule dealing with CSR – the words cannot be construed to have a narrow meaning. How does an accountant deal with this while he ought to make sure that a CSR head … Continue reading →

Friends, Often there is a debate, particularly amongst the civil society players, whether it is right for corporates to use CSR for brand building. While corporates and policy makers do not see anything wrong in it. Infact some even talk … Continue reading →

Further to the last post, which explained activities covered in Schedule VII. In this post, highlights are given of the final CSR Rules. ENTITIES COVERED All companies whether a public company or a private one are covered by CSR, if … Continue reading →

CSR provisions of new Companies Act have been notified and will become effective 1st April 2014. Thus all companies who qualify for CSR based on accounts of Mar’14 would be required to comply with CSR provisions. A company once qualifies … Continue reading →