https://www.taxtmi.com/article/detailed?id=14599 Covered companies must adopt and board approve a Corporate Social Responsibility (CSR) Policy aligned with Schedule VII activities, constitute a board-level CSR Committee to recommend policy and expenditure, and allocate the prescribed percentage of average net profits to approved CSR projects. CSR funds are restricted to eligible activities, require impact assessment for significant spend, and must be reported annually in the board report and on the company website; failures to spend must be explained and may attract penalties on the company and officers. en-us Sat, 07 Jun 2025 08:41:57 +0530 Sat, 07 Jun 2025 08:41:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14599 Covered companies must adopt and board approve a Corporate Social Responsibility (CSR) Policy aligned with Schedule VII activities, constitute a board-level CSR Committee to recommend policy and expenditure, and allocate the prescribed percentage of average net profits to approved CSR projects. CSR funds are restricted to eligible activities, require impact assessment for significant spend, and must be reported annually in the board report and on the company website; failures to spend must be explained and may attract penalties on the company and officers. Articles Corporate Laws / IBC / SEBI Sat, 07 Jun 2025 08:41:57 +0530 https://www.taxtmi.com/article/detailed?id=14599