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<h1>Amendment to CSR Rules: Companies Must Form CSR Committees for Unspent Funds; New Reporting Formats Introduced.</h1> The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2022, effective from September 20, 2022, modify the 2014 CSR rules under the Companies Act, 2013. Key changes include the requirement for companies with unspent CSR funds to form a CSR Committee and comply with specific provisions. The Board must ensure CSR activities are conducted by the company or through eligible entities, including those established under section 8 of the Act, registered public trusts, or societies with a proven track record. The amendment also revises the reporting format for CSR activities and adjusts financial thresholds for CSR spending and reporting.