CSR by companies

CSR by companies -IndianBureaucracy
CSR by companies -IndianBureaucracy

Show cause notices have been issued to 1018 companies for 2014-15 for violation of Section 135 read with Section 134(3) (o) of the Companies Act, 2013.

The year 2014-15 was the first year of Implementation of CSR by companies under the companies Act, 2013. Assessment of CSR expenditure of 7334 companies for the year 2014-15 and 5097 companies for the year 2015-16 summarises the following:-

CSR Expenditure during 2014-15 and 2015-16

Sl. No. Company Type Financial Year 2014-15 Financial Year 2015-16
No. of companies for which data has been compiled Actual CSR expenditure (in Rs. Crore) No. of companies for which data has been compiled Actual CSR expenditure ( in Rs. Crore)
1. PSUs 226 2497 172 3360
2. Private  Sector Companies 7108 6306 4925 6462
   

Total

7334 8803 5097 9822

Various workshops / seminars / conferences are organised by Government for facilitating effective implementation of CSR provision of the Act by companies and professionals.

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