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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>New CSR Report Format: Key Details for Board Reports from April 2020, Including Financials and Compliance.</h1> The format for the annual report on Corporate Social Responsibility (CSR) activities to be included in a company's board report for financial years starting on or after April 1, 2020. It requires a brief outline of the company's CSR policy, details of the CSR committee, and web-links to relevant disclosures. The report must include financial details such as average net profit, CSR obligations, amounts spent, and any unspent amounts. It also covers the creation of capital assets through CSR funds and requires explanations if the company fails to meet the 2% CSR spending requirement.
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