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TMI BlogRecords of Companies Under CSR CategoryX X X X Extracts X X X X X X X X Extracts X X X X ..... Records of Companies Under CSR Category X X X X Extracts X X X X X X X X Extracts X X X X ..... net worth or net profit are required to spend at least two per cent of their average net profits earned during three immediately preceding financial years on Corporate Social Responsibility (CSR) act ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ivities. The Board of each such company is required to have the company's CSR policy formulated and monitor its implementation or specify the reasons for non-implementation. The current financial year ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is the first year of implementation of CSR by companies under the aforementioned Act. Information regarding companies complying with CSR provision of the Act are expected to be available only after t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he mandatory disclosures of CSR expenditure are filed by companies towards the end of the year 2015. As Section 135 leaves the responsibility of implementation of CSR policy on the company itself it ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... will not be possible for the Government to facilitate undertaking of such activities in particular areas. This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a q ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uestion in the Rajya Sabha today. X X X X Extracts X X X X X X X X Extracts X X X X
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