Corporate Social Responsibility under conpanies act 2013

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Information about Corporate Social Responsibility under conpanies act 2013
Gadgets & Reviews

Published on March 17, 2014

Author: anujvarma3

Source: slideshare.net

What is CSR…? “CSR is about how companies manage the business processes to produce an overall positive impact on society.” “Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic

CSR under companies 2013 Act Companies Mandated to constitute a CSR Committee • Net worth of Rs 500 Crore or more • Turnover of Rs 1000 Crore or more • Net profit of Rs 5 Crore or more CSR Committee to have • Three or more directors

Contd… Board’s Report shall disclose the constitution of CSR Committee. CSR Committee will • Formulate CSR policy and recommend to board indicating the activities to be undertaken as specified in schedule VII. • Recommend the amount of

Contd…… Board of Directors will • Approve CSR Policy • Ensure implementation of CSR policy • Disclose the contents of CSR policy in the Board report • Place the same on company’s

Schedule VII Activities ▪ Eradicating extreme hunger & poverty ▪ Promotion of education ▪ Promoting gender equality and empowering women ▪ Reducing child mortality and improving maternal health ▪ Combating human immunodeficiency virus, acquired immune deficiency syndrome, malaria and other diseases ▪ Ensuring environment sustainability ▪ Employment enhancing vocational skills

Impact on corporates….. Capable of beingTolerated Capable of being Reasonable. Capable of being Living.

“We make a living by what we get.We make a life by what we give.” -Winston S. Churchill

Thank You! ▪ AnujVerma. ▪ Dipesh Raikar. ▪ Mayuresh Karpe. ▪ Ikshit Mistry (I.M.) For Further queries on theTopic , Contact, #9773811338.

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