WebMar 14, 2024 · Section 135(6) of the Companies Amendment act provides that an unspent amount of CSR funds on account of ongoing projects shall be transferred to a Separate Bank Account titled “Unspent Corporate Social Responsibility Account ” within 30 days of the close of the financial year. WebThe Truth About CSR. Most of these programs aren’t strategic—and that’s OK. Summary. Despite the widely accepted ideal of “shared value,” research led by Harvard Business …
Projects
WebAug 10, 2024 · CSR in respect of "Ongoing Project" In case the company has undertaken any project to comply with CSR within the areas/subjects specified under Schedule VII of Companies Act, 2013 and the amount is unspent during the financial year for the ongoing project, the unspent amount shall be transferred to a special account opened by the … Web24. What is the responsibility of the Board in case any ongoing project is undertaken by the company? 12 25. What will happen if the company fails to spend the amount retained for ongoing projects? ..... 12 26. Are the any restrictions on utilization of the money in the special account or can it be used for traffic control at worksites tcaws manual
FAQs on CSR 2024 Amendments - Vinod Kothari Consultants
WebFeb 1, 2024 · Actionable CSR Examples You Can Try Today. WarnerMedia: Increasing equity and diversity in the talent pipeline through fellowships and internships in … WebSep 8, 2024 · Ongoing Projects . In accordance with Rule 2(1)(i), the FAQs have clarified that an ‘ongoing CSR project’ can have a maximum duration of three FYs, excluding the FY in which it was commenced. Further, the MCA has clarified that the duration of an ‘ongoing project’ cannot be extended beyond the maximum permissible time-period. WebMission Statement. Disaster Accountability Project saves lives and reduces suffering after disasters by maximizing the impact of preparedness, response and relief through citizen oversight and engagement, policy research and advocacy, and public education. DAP is the leading nonprofit organization that provides long-term independent oversight ... traffic control and protection company