India-Amendments to CSR Rules: A Game Changer
India-Amendments to CSR Rules: A Game Changer Tuesday, February 2, 2021 Targeted focus on creating ‘impact’ using CSR funds Role of International organisations in planning and developing CSR Projects; Mandatory registration of implementing agencies appointed by the company with Ministry of Corporate Affairs (MCA); Introduction of Administrative overheads with prescribed 5% cap on such expenses; Clarity regarding the scope of Corporate Social Responsibility and Role of CSR Committees; Background Corporate Social Responsibility (“ CSR”) was for the first time introduced as a...
Source: natlawreview.com