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of <h1>India Amends CSR Rules: Companies Can Form Section 8 Entities Independently or Collaboratively for Social Responsibility Projects.</h1> The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2015, were issued by the Ministry of Corporate Affairs, Government of India, to amend the existing 2014 rules. These amendments, effective upon publication in the Official Gazette, modify rule 4, sub-rule (2) of the 2014 rules. The changes clarify the establishment of entities under section 8 of the Companies Act, allowing companies to establish such entities either independently or in collaboration with their holding, subsidiary, or associate companies, or with other companies. This amendment aims to provide more flexibility in forming entities for corporate social responsibility purposes.
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