New CSR rules to come into force from April 1

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Funds given to political parties will not count as corporate social responsibility activity

The much-awaited rules for the new ‘corporate social responsibility’ (CSR) regime were notified on Thursday, under which companies with sizable businesses would need to spend a minimum 2 per cent of net profit for the benefit of the society.

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http://www.thehindu.com/todays-paper/tp-business/new-csr-rules-to-come-into-force-from-april-1/article5734616.ece
Publication Date: 
28/02/2014