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April 19, 2025

Tag: Companies Act 2013

Honourable Minister for Forests, Cultural Affairs, Fisheries, Government of Maharashtra, Sudhir Mungantiwar has suggested carving out a section for CER or Corporate Environmental Responsibility in the Companies Act 2013. Mungantiwar said this at an event in...
By Rajeev Nair (Principal Associate) & Nishant Sogani (Associate), Rajani Associates Corporate Social Responsibility (CSR) in India is governed by the Companies Act, 2013 (Act) under Section 135 which mandates every company having (i) net worth of INR...
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1,000 Indian firms under scrutiny for unspent CSR funds

Companies that are holding back on their corporate social responsibility (CSR) spending and are re-routing the funds to the balance sheet could soon face...

Changing Corporate Outlook on CSR

In 2014, India became the first country in the world to mandate companies to spend a fraction of their revenue on Corporate Social Responsibility...

CSR and Corporate Sustainability

Corporate sustainability is derived from the concept of sustainable development which is defined by the Brundtland Commission as “development that meets the needs of...

Corporate Social Responsibility And Its Concerns

India has historically had a challenging ecosystem with difficult terrains all across the country, from the north to the south and east to the...

Spends With Benefits: Section 135 Becomes…Taxing

India is the first country in the world to mandate participation of companies in Corporate Social Responsibility (CSR) via legislation of Section135

CSR Opportunity to Educate and Empower Masses

The first and foremost initiative to strengthen public libraries is to support Raja Rammohan Roy Library Foundation by funding its regular activities to promote setting up libraries in the country.

Penalise firms for not spending 2% of profits on CSR activities: Parliamentary panel

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,...

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