https://www.taxtmi.com/news?id=11105 Clause 135 of the Companies Bill, 2012 establishes a statutory Corporate Social Responsibility regime requiring qualifying companies to constitute a CSR Committee of three or more directors, including at least one independent director, to recommend specified CSR activities and to allocate a proportion of average net profits of the previous three years for CSR expenditure. en-us Tue, 30 Apr 2013 18:14:34 +0530 Tue, 30 Apr 2013 18:14:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11105 Clause 135 of the Companies Bill, 2012 establishes a statutory Corporate Social Responsibility regime requiring qualifying companies to constitute a CSR Committee of three or more directors, including at least one independent director, to recommend specified CSR activities and to allocate a proportion of average net profits of the previous three years for CSR expenditure. News - Tue, 30 Apr 2013 18:14:34 +0530 https://www.taxtmi.com/news?id=11105