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Total 15 results found. Search for [ unspent CSR funds ]

Results 1 to 15 of 15
May 7, 2020
Modi is facing criticism for creating a new coronavirus relief fund PMCares when about $500 million was lying unspent in an older fund, even as top businesses and celebrities pledge millions of dollars in new donations

Abhishek Dadoo and Sharvarie Sohoni
March 11, 2020
A mandatory CSR regime would require investors to ensure that the CSR contributing company has in place adequate avenues for its CSR obligations

V Lakshmikumaran
August 28, 2019
Amounts to be utilised towards a CSR activity, but unspent must be parked in a special account as prescribed under the provision within 30 days of the end of the relevant financial year.

Dipak Mondal
August 23, 2019
Among 40-odd amendments brought about in the Companies Act 2013, the most notable ones relate to better governance and measures to curb corporate frauds

August 14, 2019
Following days of intense lobbying by India Inc and the recommendations of the high-level committee on CSR to make non-compliance a civil offence, the government has done away with plans to jail officials caught flouting norms

August 13, 2019

Sonal Khetarpal
New Delhi, August 5, 2019
The new CSR norms will force companies to focus on short-term projects

July 30, 2019
Rajya Sabha passed the Companies (Amendment) Bill, 2019 was passed by voice vote on Tuesday and the legislation would replace ordinance issued by the corporate affairs ministry

July 30, 2019

New Delhi, July 26, 2019
Under the Act, companies earning a profit of over Rs 5 crore, turnover of Rs 100 crore or net worth of more than Rs 500 crore are required to shell out at least two per cent of their three-year annual average net profit towards CSR activities

New Delhi, July 18, 2019
For companies that are not able to spend their full amount for CSR activities in ongoing projects within a particular financial year, the money can be transferred to a CSR account. The latter amount has to be spent within the next three financial years

July 17, 2019

March 11, 2019

December 18, 2018

Niti Kiran
New Delhi, November 28, 2018
The average net profit of these 1,080 companies over last three years was Rs 5.35 lakh crore.