Centre revises CSR rules1 min read 22 Sep 2022, 04:03 PM IST
Companies are allowed to keep unspent amounts earmarked for CSR in a designated account but have to utilise it within three financial years. The CSR committee will oversee its utilisation.
NEW DELHI: The ministry of corporate affairs has amended the rules for calculating the cost of conducting social impact assessments of corporate social responsibility (CSR) activities and the procedure for dealing with unspent CSR funds of companies, showed an official order.
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