Corporate Social Responsibility: CSR under Companies Act 2013
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- CSR of a company is the responsibility towards the community and environment in which it operates.
- It increases the reputation of a company՚s brand among its customers and society.
CSR under Companies Act 2013
- Sec 135
- Schedule VII prescribes the mandatory provisions for companies to fulfil their CSR.
Companies (CSR) Rules 2014
Applicability
CSR Activities under Schedule VII
- Eradicating hunger, health care &sanitation including contribution to Swachh Bharath etc.
- Promoting education- women, children etc.
- Ensuring gender equality
- Ensuring environmental sustainability
- Protection of national heritage.
✍ Manishika