As many as 64% of companies didn’t spend the mandatory 2% funds on Corporate Social Responsibility (wp) activities according to the rules laid down by the New Companies Act, 2013. However, the companies managed to spend...
A Parliamentary panel has suggested to the government that it impose penalty on corporates for not spending mandatory 2% of their net profit on wp activities.
Currently, the penalty can be imposed for non-disclosure of wp as per the...
