https://www.taxtmi.com/article/detailed?id=16663 Corporate social responsibility in India has evolved from voluntary philanthropy into a statutory obligation integrated into corporate governance through Section 135 of the Companies Act, 2013. Qualifying companies must constitute a CSR committee, formulate policy, monitor implementation, and spend a prescribed portion of average net profits on eligible welfare activities. The framework links corporate activity with social welfare, accountability, and development objectives through a mandatory expenditure model. en-us Tue, 16 Jun 2026 08:33:33 +0530 Tue, 16 Jun 2026 08:33:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16663 Corporate social responsibility in India has evolved from voluntary philanthropy into a statutory obligation integrated into corporate governance through Section 135 of the Companies Act, 2013. Qualifying companies must constitute a CSR committee, formulate policy, monitor implementation, and spend a prescribed portion of average net profits on eligible welfare activities. The framework links corporate activity with social welfare, accountability, and development objectives through a mandatory expenditure model. Articles Corporate Laws / IBC / SEBI Tue, 16 Jun 2026 08:33:33 +0530 https://www.taxtmi.com/article/detailed?id=16663