https://www.taxtmi.com/article/detailed?id=12853 Section 135 mandates that eligible companies form a CSR Committee, adopt and approve a CSR policy, expend a prescribed percentage of profit on CSR, allow set-off of excess contributions in later years, and transfer unspent amounts to an Unspent CSR Account. Schedule VII lists permissible activities (education, health, environment, social welfare, research, rural and slum development, disaster management) that qualify as CSR. Reported 2019-2023 data show education as the largest sectoral recipient and an overall increase in aggregate CSR expenditure and project counts in 2023. en-us Fri, 16 Aug 2024 08:35:18 +0530 Fri, 16 Aug 2024 08:35:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12853 Section 135 mandates that eligible companies form a CSR Committee, adopt and approve a CSR policy, expend a prescribed percentage of profit on CSR, allow set-off of excess contributions in later years, and transfer unspent amounts to an Unspent CSR Account. Schedule VII lists permissible activities (education, health, environment, social welfare, research, rural and slum development, disaster management) that qualify as CSR. Reported 2019-2023 data show education as the largest sectoral recipient and an overall increase in aggregate CSR expenditure and project counts in 2023. Articles Corporate Laws / IBC / SEBI Fri, 16 Aug 2024 08:35:18 +0530 https://www.taxtmi.com/article/detailed?id=12853