TMI BlogAssessment of CSR activites of PSUS and private companiesX X X X Extracts X X X X X X X X Extracts X X X X ..... Assessment of CSR activites of PSUS and private companies - News and Press Release Dated:- 15-3-2016 - News - Press Information Bureau Government of India Ministry of Corporate Affairs 15-March-2016 17:57 IST Assessment has been made of CSR activities being undertaken by the PSUs and private sector companies in the country since its implementation. The year 2014-15 was the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... first year of implementation of Corporate Social Responsibility (CSR) under the legislation. CSR expenditure data of 460 listed companies, which have placed their annual reports on their websites, indicates that 51 Public Sector Undertakings (PSUs) and 409 private sector companies together spent about ₹ 6337 crores on CSR during 2014-15, as summarised below: CSR expenditure during 2014-1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 (in Rs. Crore) Sl. No Company Type No. of Companies Actual CSR Expenditure Mandated CSR Expenditure 1 PSUs 51 2386.60 3359.84 2 Private Sector Companies 409 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3950.76 4987.63 Total 460 6337.36 8347.47 CSR provision of the Companies Act 2013 , and Rules made there under, do not prescribe any physical targets for companies. This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a questi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on in the Rajya Sabha today. ***** DSM/KA - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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