<h1>Companies Bill 2012 mandates CSR for large companies under Clause 135, spending 2% of profits on social initiatives.</h1> The Companies Bill, 2012 introduces a provision for Corporate Social Responsibility (CSR) under Clause 135, requiring companies with a net worth of Rs. 500 crore or more, turnover of Rs. 1000 crore or more, or net profit of Rs. 5 crore or more to form a CSR Committee. This committee will recommend CSR activities, mandating companies to spend at least 2% of their average net profits from the previous three years on CSR initiatives. The Minister of Corporate Affairs noted that companies will have flexibility in designing CSR projects, with reporting requirements to be defined post-enactment.