Daily Archives: December 19, 2012

CSR Provisions under Clause 135 in Companies Bill passed by Lok Sabha

In a positive development for the Sector, Lok Sabha has passed Companies Bill 2011. The Bill includes provision for a mandatory 2% CSR contribution by the companies. Clause 135 requires that every company which fulfills any of the following criteria … Continue reading

Posted in FCRA, TAX, LEGAL | 6 Comments