Executive Summary:
This notification outlines the Corporate Social Responsibility (CSR) Policy Rules, 2014, established under Section 135 and subsections 1 and 2 of Section 469 of the Companies Act, 2013. These rules, effective from April 1, 2014, specify the framework for companies to undertake CSR activities and meet related obligations. The rules detail definitions, compliance requirements, eligible activities, committee structures, expenditure guidelines, and reporting standards for CSR.
Key Points / Main Content:
General Provisions:
* The rules are called the Companies Corporate Social Responsibility Policy Rules, 2014 and came into force on April 1, 2014.
* "CSR" includes projects/programs related to activities in Schedule VII of the Companies Act, or those recommended by the CSR Committee and approved by the Board as per the company's CSR Policy, covering Schedule VII subjects.
* Net profit excludes profits from overseas branches and dividends received from other Indian companies complying with Section 135 of the Act.
* Foreign companies' net profit is defined as per their profit and loss account, following Section 381(1)(a) and Section 198 of the Act.
Applicability and Compliance:
* Every company, including holding/subsidiary and foreign companies with branches/project offices in India, meeting Section 135(1) criteria must comply with Section 135 and these rules.
* Companies ceasing to meet Section 135(1) criteria for three consecutive years are exempt from CSR Committee and subsections 2-5 of Section 135 until they meet the criteria again.
* Net worth, turnover, or net profit of a foreign company will be computed in accordance with balance sheet and profit and loss account of such company prepared in accordance with the provisions of clause (a) of sub-section (1) of section 381 and section 198 of the Act.
CSR Activities:
* CSR activities must be undertaken as per the company's CSR Policy, as new or ongoing projects/programs/activities, excluding normal business activities.
* CSR activities should only be undertaken in India to qualify as CSR expenditure, subject to Section 135(5).
* Activities benefiting only employees and their families are not considered CSR activities.
* Companies can build CSR capacities of their personnel and implementing agencies through established institutions, with expenditure capped at 5% of total CSR expenditure in a financial year.
* Direct or indirect contributions to political parties under Section 182 of the Act are not CSR activities.
CSR Committee:
* Unlisted public or private companies not required to appoint an independent director under Section 149(4) can have a CSR Committee without such a director.
* Private companies with only two directors can form a CSR Committee with those two directors.
* Foreign companies' CSR Committees must have at least two persons, one specified under Section 380(1)(d) of the Act and another nominated by the foreign company.
* The CSR Committee must establish a transparent monitoring mechanism for CSR project implementation.
CSR Policy:
* The CSR Policy must include a list of CSR projects/programs falling under Schedule VII of the Act, specifying execution modalities and implementation schedules, along with a monitoring process.
* Surplus from CSR projects/programs/activities cannot form part of the company's business profit.
CSR Expenditure and Reporting:
* CSR expenditure includes all expenditures, including contributions to corpus, for CSR activities approved by the Board on the recommendation of its CSR Committee, aligned with Schedule VII of the Act.
* Boards' reports for financial years starting on or after April 1, 2014, must include an annual CSR report with particulars specified in the Annexure.
* Foreign companies must include an Annexure regarding the CSR report in the balance sheet filed under Section 381(1)(b).
* The Board must approve the CSR Policy based on CSR Committee recommendations, disclose its contents in the report, and display it on the company's website, if any, as per the Annexure.
Impact Analysis:
Companies:
* Impact: Companies meeting the specified criteria must allocate resources and implement CSR activities as per the rules.
* Action Required: Establish a CSR Committee, formulate a CSR Policy, allocate funds for CSR activities, implement and monitor projects, and report CSR activities in the Board's report and on the company website.
Board of Directors:
* Impact: The Board is responsible for approving the CSR Policy, ensuring activities align with Schedule VII, and disclosing the policy and activities.
* Action Required: Review and approve the CSR Policy based on the CSR Committee's recommendations, ensure compliance with the rules, and disclose the policy and activities in the Board's report and on the company's website.
CSR Committee:
* Impact: The CSR Committee is responsible for formulating and monitoring the CSR Policy and activities.
* Action Required: Recommend a CSR Policy to the Board, identify and monitor CSR projects/programs, and ensure compliance with the rules.
Implementing Agencies (Trusts, Societies, Companies):
* Impact: Registered trusts, societies, or companies can be utilized for CSR activities. Those not established by the company (or its holding, subsidiary, or associate) must have a three-year track record in similar programs.
* Action Required: Maintain records of projects and expenditures, provide reports to the company's CSR Committee, and ensure compliance with the rules.
Key Entities Referenced
Ministry of Corporate Affairs: The ministry responsible for the notification and enforcement of the rules.
Companies Act, 2013: The primary legislation under which the rules regarding Corporate Social Responsibility (CSR) are being framed.
Companies Act, 1956: Predecessor to the Companies Act, 2013, and relevant for financial statements prepared under its provisions.
Corporate Social Responsibility: A concept where companies integrate social and environmental concerns in their business operations and interactions with their stakeholders on a voluntary basis.
CSR Committee: A committee of the Board of Directors responsible for overseeing the company's CSR activities.
CSR Policy: The framework within which a company plans and executes its CSR activities, as specified in Schedule VII of the Companies Act, 2013.
Schedule VII: A schedule in the Companies Act, 2013, which specifies the activities that can be undertaken by companies to fulfill their CSR obligations.
New Delhi: The location of the Ministry of Corporate Affairs which issued the notification.
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PART II—Section 3—Sub-section (i)
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के(cid:3)(cid:4)ीय सरकार कंपनी अिधिनयम, 2013 (2013 का 18) क(cid:18) धारा 135 और धारा
469 क(cid:18) उप-धारा (1) और (2) के (cid:20)ारा (cid:21)द(cid:23) शि(cid:25)य(cid:26) का (cid:21)योग करते (cid:30)ए िन िलिखत िनयम बनाती है, अथा'त ् :-
1111.... ससससििंंििंं (cid:4)(cid:4)(cid:4)(cid:4)(cid:5)(cid:5)(cid:5)(cid:5) ननननाााामममम औऔऔऔरररर (cid:12)(cid:12)(cid:12)(cid:12)ााााररररंंंंभभभभ– (1) इन िनयम(cid:26) का संि)* नाम कंपनी (कारपोरेट सामािजक दािय-व नीित)
िनयम, 2014 ह ै ।
(2) ये िनयम 01 अ(cid:21)ैल, 2014 स े (cid:21)वृ(cid:23) ह(cid:26)गे ।
2222.... पपपप(cid:15)(cid:15)(cid:15)(cid:15)ररररभभभभााााषषषषााााएएएए ंं ंं–––– (1) इन िनयम(cid:26) म0, जब तक 1क संदभ' से अ(cid:3)यथा अपेि)त न हो,
(क) “अिधिनयम” से कंपनी अिधिनयम, 2013 अिभ(cid:21)ेत ह ै ;
(ख) “उपाबंध” से इन िनयम(cid:26) से उपाब3 उपाबंध अिभ(cid:21)ेत ह ै ;
(ग) “कारपोरेट सामािजक दािय-व (सीएसआर)” से िन िलिखत अिभ(cid:21)ेत और शािमल ह 5 6कतु िन िलिखत तक
सीिमत नह8 हःै -
(i) अिधिनयम क(cid:18) अनुसूची 7 म0 िविन<द= काय'कलाप(cid:26) से संबंिधत प>रयोजनाए ं अथवा काय'?म;
अथवा
(ii) कंपनी क(cid:18) घोिषत कारपोरेट सामािजक दािय-व नीित के अनुसार बोड ' क(cid:18) सीएसआर सिमित क(cid:18)
िसफा>रश(cid:26) के अनसु रण म0 1कसी कंपनी के िनदशे क बोड ' (बोड)' (cid:20)ारा शुF 1कए गए 1?याकलाप(cid:26) से
892 GI/2014 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
संबंिधत प>रयोजनाए ं अथवा काय'?म बशतG 1क ऐसी नीित म0 अिधिनयम क(cid:18) अनुसूची 7 म0 उिHलिखत
िवषय सिIमिलत ह(cid:26)।
(घ) “सीएसआर सिमित” से अिधिनयम क(cid:18) धारा 135 म0 िन<द= बोड ' क(cid:18) कारपोरेट सामािजक दािय-व
सिमित अिभ(cid:21)ेत ह;ै
(ङ) “सीएसआर नीित” कंपनी के कारबार के सामा(cid:3)य (cid:21)चालन के अनुसरण म0 1कए गए काय'कलाप(cid:26) को
छोड़कर, अनुसूची 7 म0 यथािविन<द= कंपनी (cid:20)ारा 1कए गए काय'कलाप और उस पर 1कए गए Kय स े
संबंिधत ह;ै
(च) “शु3 लाभ” स े अिधिनयम के लागू उपबंध(cid:26) के अनुसरण म0 तैयार 1कए गए िव(cid:23)ीय िववरण के अनसु ार
1कसी कंपनी के शु3 लाभ अिभ(cid:21)ेत ह ै 6कतु इनम0 िन िलिखत शािमल नह8 है अथा'त ् :-
(i) कंपनी क(cid:18) िवदशे िLथत 1कसी शाखा अथवा शाखाM, चाह े वह अलग कंपनी के Fप म0 अथवा
अ(cid:3)यथा काय'रत ह,ै स े (cid:21)ा* कोई लाभ, तथा
(ii) भारत म0 अ(cid:3)य कंपिनय(cid:26) जो अिधिनयम क(cid:18) धारा 135 के अंतग'त शािमल ह 5 अथवा इसके अनुबंध(cid:26)
का अनुपालन करती ह,5 से (cid:21)ा* कोई लाभांशः
परंतु 1कसी िव(cid:23)ीय वष', िजसके िलए कंपनी अिधिनयम, 1956 (1956 का 1) के उपबंध(cid:26) के
अनुसरण म0 सुसंगत िव(cid:23)ीय िववरण तैयार 1कए गए थे, के संबंध म0 ‘शु3 लाभ’ क(cid:18) पुनः गणना
अिधिनयम के उपबंध(cid:26) के अनसु ार अपेि)त नह8 होगी।
परंतु यह और 1क इन िनयम(cid:26) के अधीन आन े वाली िवदशे ी कंपनी के मामले म0 शु3 लाभ स े
अिधिनयम क(cid:18) धारा 198 के साथ प>ठत धारा 381 क(cid:18) उप-धारा (1) के खंड (क) के अनुसार तैयार
लाभ-हािन खात े के अनFु प ऐसी कंपनी का शु3 लाभ अिभ(cid:21)ेत ह।ै
(2) इन िनयम(cid:26) म0 (cid:21)यु(cid:25) शQद(cid:26) और अिभKि(cid:25)य(cid:26), िज(cid:3)ह 0 इन िनयम(cid:26) म0 प>रभािषत नह8 1कया गया ह ै 6कत ु
अिधिनयम म0 प>रभािषत 1कया गया ह,ै के वही अथ' ह(cid:26)गे जो अिधिनयम म0 1दए गए ह 5 ।
o
3 कारपोरेट सामािजक दाियत् :
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(1) (cid:21)-य के कंपनी अपनी हो अथवा अनुषंगी सिहत तथा अिधिनयम क(cid:18) धारा 2 के खंड (42) के अंतग'त
प>रभािषत कोई िवदशे ी कंपनी िजसका शाखा कायाल' य अथवा प>रयोजना काया'लय भारत म0 ह ै और जो
अिधिनयम क(cid:18) धारा 135 और इन िनयम(cid:26) के उपबंध(cid:26) का अनुपालन करेगी ;
परंतु अिधिनयम के अंतग'त 1कसी िवदशे ी कंपनी का शु3 मूHय, Kापारावत' अथवा शु3 लाभ क(cid:18) गणना
अिधिनयम क(cid:18) धारा 381 क(cid:18) उपधारा (1) के खंड (क) और धारा 198 के उपबंध(cid:26) के अनुसरण म0 तैयार 1कए गए
i=k
उस कंपनी के तुलन और लाभ व हािन िववरण के अनसु ार क(cid:18) जाएगी ।
(2) (cid:21)-येक कंपनी जो ?मवतR तीन िव(cid:23)ीय वषS के िलए अिधिनयम क(cid:18) धारा 135 क(cid:18) उप-धारा (1) के
अंतग'त कंपनी नह8 रहती ह,ै उससे िनIन िलिखत अपेि)त नह8 होगा ;
(क) सीएस आर सिमित का गठन करना ;
/k
(ख) उTत रा क(cid:18) उप धारा (2) से उप धारा (5) म0 अंतUवVट उपबंध(cid:26) का अनुपालन करना ;
जब तक 1क वह कंपनी धारा 135 क(cid:18) उप धारा (1) म0 िनिहत मानक(cid:26) को पूरा नह8 करती ।¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 3
4444.... ससससीीीीएएएएससससआआआआरररर ककककााााययययकक(cid:22)(cid:22)कक(cid:22)(cid:22) ललललाााापपपप::::
(1) कंपनी को अपनी किथत कारपोरेट सामािजक दािय-व नीित के अनसु ार अपने Kवसाय के सामा(cid:3)य काय' के
अनुसरण म0 1कए गए कायS को छोड़कर प>रयोजनाM अथवा काय'?म(cid:26) अथवा काय'कलाप(cid:26) (नए अथवा चल रह)े के
Fप म0 अपने कारपोरेट सामािजक दािय-व काय'कलाप करने ह(cid:26)गे।
(2) कंपनी का बोड ' कारपोरेट सामािजक दािय-व सिमित (cid:20)ारा अनुमो1दत अपने सीएसआर काय'कलाप 1कसी
रिजLYीकृत (cid:3)यास अथवा रिजLYीकृत सोसायटी अथवा अिधिनयम क(cid:18) धारा 8 के अधीन कंपनी (cid:20)ारा Lथािपत
1कसी कंपनी अथवा उसक(cid:18) होZHडग या अनुषंगी या सहयोगी कंपनी के मा[यम से अथवा अ(cid:3)य 1कसी तरीके से चला
सकता ह:ै
परंतु 1क –
(i) य1द ऐसा (cid:3)यास, सोसाइटी अथवा कंपनी क(cid:18) Lथापना उस कंपनी अथवा उसक(cid:18) होZHडग या अनुषंगी या
सहयोगी कंपनी (cid:20)ारा नह8 क(cid:18) गई हो तो इसके पास समान काय'?म अथवा प>रयोजनाए ं चलाने का तीन
वषS का (cid:21)मािणत अिभलेख होना चािहए;
(ii) कंपनी न े इन अिLत-व(cid:26) के मा[यम से चलाई जाने वाली प>रयोजनाM अथवा काय'?म(cid:26), ऐसी प>रयोजनाM
और काय?' म(cid:26) पर धन रािश के उपयोग क(cid:18) काय-' (cid:21)णाली और िनगरानी तथा >रपो\टग तं] िविन<द= 1कया
हो ।
(3) कोई कंपनी प>रयोजनाM या काय'?म(cid:26) या कारपोरेट सामािजक दािय-व काय'कलाप(cid:26) को इस (cid:21)कार चलान े
के िलए अ(cid:3)य कंपिनय(cid:26) के साथ भी सहयोग इस रीित म0 कर सकती ह ै 1क संबंिधत कंपिनय(cid:26) क(cid:18) कारपोरेट सामािजक
दािय-व सिमितयां इन िनयम(cid:26) के अनुसार ऐसी प>रयोजनाM अथवा काय?' म(cid:26) पर अलग-अलग >रपोट' दने े क(cid:18)
िLथित म0 ह(cid:26) ।
(4) अिधिनयम क(cid:18) धारा 135 क(cid:18) उपधारा (5) के उपबंध(cid:26) के अधीन, भारत म0 चलाई गई कारपोरेट सामािजक
दािय-व प>रयोजनाए ं अथवा काय'?म अथवा काय'कलाप ही कारपोरेट सामािजक दािय-व Kय क(cid:18) को>ट म0 आएगं े ।
(5) अिधिनयम क(cid:18) धारा 135 के अनुसार, उन कारपोरेट सामािजक दािय-व प>रयोजनाM अथवा काय'?म
अथवा काय'कलाप(cid:26) को कारपोरेट सामािजक दािय-व काय'कलाप नह8 माना जाएगा िजनसे कंपनी के कम'चारी
अथवा उनके कुटुIब(cid:26) को ही फायदा हो ।
(6) कंपिनयां कम से कम तीन िव(cid:23)ीय वषS म0 काय' Lथािपत अिभलेख वाली संLथाM के मा[यम से अपने
काUमक(cid:26) के साथ-साथ अपनी काया'(cid:3)वयन अिभकरण(cid:26) के कम'चा>रय(cid:26) क(cid:18) कारपोरेट सामािजक दािय-व )मताए ं बना
सकती ह ै 6कतु ऐसा Kय एक िव(cid:23)ीय वष' म0 कंपनी के कुल कारपोरेट सामािजक दािय-व Kय के 5% से अिधक नह8
होना चािहए ।
(7) अिधिनयम क(cid:18) धारा 182 के अधीन 1कसी राजनीितक दल को (cid:21)-य) अथवा अ(cid:21)-य) Fप से 1कसी रािश
के अंशदान पर सीएसआर काय'कलाप के Fप म0 िवचार नह8 1कया जाएगा ।
5555.... ससससीीीीएएएएससससआआआआरररर ससससििििममममििििततततययययाााा ंं ंं::::
(1) िनयम 3 म0 उिHलिखत कंपिनयां िन ानसु ार सीएसआर सिमित ग>ठत कर0गी:
¼
(i) धारा 135 क(cid:18) उपधारा (1) के अंतग'त शािमल कोई असूचीब साव'जिनक कंपनी अथवा (cid:21)ाइवेट कंपनी
िजसके िलए अिधिनयम क(cid:18) धारा 149 क(cid:18) उपधारा (4) के अनुसरण म0 Lव तं]् िनदशे क क(cid:18) िनयुि(cid:25) करना अपेि)त
fcuk
नह8 ह,ै क(cid:18) ऐसे िनदशे क के अपनी सीएसआर सिमित होगी;4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(ii) उप िनयम (1) म0 उिHलिखत कोई (cid:21)ाइवेट कंपनी, िजसके बोड ' म0 केवल दो िनदशे क ह(cid:26) ऐसे दो िनदशे क(cid:26) के
साथ अपनी सीएसआर सिमित का गठन करेगी;
(iii) इन िनयम(cid:26) के अंतग'त शािमल 1कसी िवदशे ी कंपनी के बारे म 0 सीएसआर सिमित म0 कम स े कम दो Kि(cid:25)
/kjk 380 dh mi&/kjk (1) ds [kaM (?k) ds varxrZ
शािमल ह(cid:26)गे िजनम 0 स े एक Kि(cid:25) अिधिनयम क(cid:18)
यथािविन<द= Kि(cid:25) होगा और दसू रा Kि(cid:25) िवदशे ी कंपनी (cid:20)ारा नामिनदिG शत होगा।
(2) सीएसआर सिमित कंपनी (cid:20)ारा शुF क(cid:18) जाने वाली सीएसआर प>रयोजनाM अथवा काय'?म(cid:26) अथवा
काय'कलाप(cid:26) के काया'(cid:3)वयन के िलए एक पारदशR िनगरानी तं] संिLथत करेगी।
6. सीएसआर नीित :
lkFk&lkFk
(1) कंपनी क(cid:18) सीएसआर नीित म0 अ(cid:3)य बात(cid:26) के िन िलिखत बात0 शािमल ह(cid:26)गी, अथा'त :-
(क) अिधिनयम क(cid:18) अनुसूची 7 के )े] के भीतर आने वाले उन कारपोरेट सामािजक दािय-व प>रयोजनाM
या काय'?म(cid:26), िज(cid:3)ह 0 कंपनी शुF करने क(cid:18) योजना बनाती ह,ै क(cid:18) एक सूची तयै ार करना, ऐसी
प>रयोजनाM अथवा काय'?म(cid:26) के काया'(cid:3)वयन क(cid:18) Fपरेखा िनधा'>रत करना तथा उनक(cid:18) काया'(cid:3)वयन
अनुसूिचया;ं तथा
(ख) ऐसी प>रयोजनाM अथवा काय'?म(cid:26) क(cid:18) िनगरानी (cid:21)1?याः
परंतु कारपोरेट सामािजक दािय-व काय'कलाप(cid:26) म0 कंपनी के कारबार के सामा(cid:3)य काय ' के अनुसरण म0 1कए
गए काय'कलाप शािमल नह8 ह(cid:26)गे।
परंतु यह और 1क िनदशे क बोड ' यह सुिनि_त करेगा 1क कंपनी (cid:20)ारा अपनी कारपोरेट सामािजक दािय-व
नीित म0 शािमल काय'कलाप अिधिनयम क(cid:18) अनुसचू ी 7 म 0 शािमल काय'कलाप(cid:26) से संब3 ह।5
(2) कंपनी क(cid:18) सीएसआर नीित िविन<द= करेगी 1क सीएसआर प>रयोजनाM अथवा काय'?म(cid:26) अथवा काय'कलाप(cid:26)
से उ`भूत आिधTय रािश कंपनी के कारबार लाभ का िहLसा नह8 होगी।
7. सीएसआर aय य : कोष म0 बोड ' (cid:20)ारा अपनी सीएसआर सिमित क(cid:18) िसफा>रश पर अनुमो1दत सीएसआर
काय'कलाप(cid:26) संबंधी प>रयोजनाM अथवा काय?' म(cid:26) पर अंशदान सिहत समLत Kय सिIमिलत होगा 6कत ु इसम0
1कसी ऐसी मद पर 1कया जाने वाला Kय शािमल नह8 होगा जो अिधिनयम क(cid:18) अनुसूची-7 के काय')े] म0 आन े
वाले काय'कलाप(cid:26) से संगत अथवा आधार पर न हो ।
8. सीएसआर >रपोbटग
(1) इन िनयम(cid:26) के अधीन होने वाली कंपनी क(cid:18) अ(cid:21)ैल 1, को अथवा उसके बाद शुF होने वाले िव(cid:23)ीय वष' क(cid:18)
बोड ' >रपोट' म0 संलcक म0 िन<द= Qयौर(cid:26) को शािमल करते (cid:30)ए सीएसआर संबंधी एक वाUषक >रपोट' शािमल होगी।
(2) 1कसी िवदशे ी कंपनी के मामले म0, धारा 381 क(cid:18) उपधारा 1 के उपखंड ख के अंतग'त फाइल 1कए गए तुलन
प] म0 सीएसआर संबंधी >रपोट' का एक संलeन क अंतUवVट होगा ।
9999.... ससससीीीीएएएएससससआआआआरररर ककककााााययययकक(cid:22)(cid:22)कक(cid:22)(cid:22) ललललाााापपपप(cid:24)(cid:24)(cid:24)(cid:24) ककककाााा अअअअपपपपननननीीीी ववववबबेेबबेे ससससााााइइइइटटटट पपपपरररर (cid:12)(cid:12)(cid:12)(cid:12)ददददशशशशनन(cid:22)(cid:22)नन(cid:22)(cid:22) ःःःः
कंपनी का िनदशे क बोड ' सीएसआर सिमित क(cid:18) िसफा>रश(cid:26) को [यान म0 रखन े के प_ात् कंपनी के िलए
सीएसआर नीित अनुमो1दत करेगा और ऐसी नीित क(cid:18) िवषयवLतु अपनी >रपोट' म0 (cid:21)कट करेगा तथा उपाबंध म0
िविन<द= Qयौर(cid:26) के अनुसार इसे कंपनी क(cid:18) वेबसाइट, य1द कोई हो तो, पर (cid:21)दUशत 1कया जाएगा।
[फा. सं. 1/18/2013- सीएल-V]
रेणुका कुमार, संयु(cid:5) सिचव¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 5
उउउउपपपपााााबबबबधधंंधधंं
बबबबोोोोडडडड (cid:22)(cid:22) (cid:22)(cid:22)कककक$$$$ (cid:15)(cid:15)(cid:15)(cid:15)ररररपपपपोोोोटटटट(cid:22)(cid:22) (cid:22)(cid:22) मममम %% %%शशशशााााििििममममलललल कककक$$$$ जजजजाााानननन ेे ेेववववााााललललीीीी ससससीीीीएएएएससससआआआआरररर ककककााााययययकककक(cid:22)(cid:22)(cid:22)(cid:22) ललललाााापपपप(cid:24)(cid:24)(cid:24)(cid:24) पपपपरररर ववववाााा''''षषषषकककक (cid:15)(cid:15)(cid:15)(cid:15)ररररपपपपोोोोटटटट(cid:22)(cid:22) (cid:22)(cid:22) ककककाााा (cid:12)(cid:12)(cid:12)(cid:12)पपपप((((
1. रेखा-संि)* Fप कंपनी क(cid:18) सीएसआर नीित क(cid:18), िजसम0 शुF करन े के िलए (cid:21)Lतािवत काय?' म(cid:26)/
oSc¯yd
प>रयोजनाM का Qयौरा और सीएसआर नीित और प>रयोजनाM या काय'?म(cid:26) के का संदभ '
शािमल हो।
2. सीएसआर सिमित क(cid:18) सरं चना
3. िपछले तीन िव-त ीय वषS के िलए कंपनी का औसत शु3 लाभ ।
4. िविहत सीएसआर aय य म0 (ऊपर मद 3 म0 दी रािश का दो (cid:21)ितशत रािश)
5. िव(cid:23)ीय वष' के दौरान सीएसआर Kय के Qयौरे:
( )
क वष' के िलए खच' क(cid:18) जाने वाली कुल रकम:
( )
ख िव(cid:23)ीय वष' के िलए खच' क(cid:18) जाने वाली कुल रकम:
( )
ग वह रीित िजसम0 िव(cid:23)ीय वष ' के दौरान खच' क(cid:18) गई रकम के Kय का िवLतृत Qयौरा िन िलिखत 1दया
गया ह ै :
(1) (2) (3) (4) (5) (6) (7) (8)
(cid:1). स. अिभ(cid:5)ात वह से(cid:23)टर प(cid:10)रयोजनाएं प(cid:10)र%य प(cid:10)रयोजना/ (cid:10)रपो4टग खच(cid:17) क(cid:27) गई
सीएसआर िजसम(cid:26) काय(cid:17)(cid:1)म रकम (बजट) अविध तक रकमः 01य
काय(cid:17)(cid:1)म पर खच(cid:17)
प(cid:10)रयोजना/ प(cid:10)रयोजना (1) (cid:30) थानीय प(cid:10)रयोजना/ क(cid:27) गई रकम संचयी %य अथवा
.े◌ा या अ"य
कवर क(cid:27) काया(cid:17)"वयनकारी
काय(cid:17)कलाप काय(cid:17)(cid:1)म) उप:शीष(cid:17) :
गई है अिभकरण* के
(2) (उस िजले/
प(cid:10)रयोजना,
रा# य का नाम जहां मा5यम स े
अथवा काय(cid:17)(cid:1)म-
प(cid:10)रयोजना अथवा
पर .आ 01य
काय(cid:17)(cid:1)म चलाया
%य,
गया)
(1) उप(cid:10)र
3य य
1.
2.
3.
योग
*
काया'(cid:3)व यनकारी अिभकरण के Qय ौरे द 0 -
6. य1द कंपनी िपछले तीन िव(cid:23)ीय वषS के औसत शु3 लाभ का 2% या उसका कोई भाग खच' करने म 0
असफल रही ह ै तो कंपनी अपनी बोड ' >रपोट' म0 रकम खच' न करने के कारण बताएगी ।6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
7. सीएसआर सिमित का एक उ(cid:23)रदािय-व परक-कथन 1क सीएसआर नीित का काया'(cid:3)वयन एवं िनगरानी
कंपनी के सीएसआर उfgे य(cid:26) एवं नीित के अनुपालन म0 ह।ै
हLत ा)र हLत ा)र हLत ा)र
(मुhय काय'पालक अिधकारी (अ[य )्, सीएसआर सिमित) अिधिनयम क(cid:18) धारा 380 क(cid:18)
अथवा (cid:21)बंध् िनदशे क अथवा उपधारा (1) के खंड (घ) के तहत
िनदशे क)
िविन<दVट aय ि(cid:25)
( जहां लागू हो)
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 27th February, 2014
G.S.R. 129(E).— In exercise of the powers conferred under section 135 and sub-sections (1) and
(2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the
following rules, namely: -
1. Short title and commencement. – (1) These rules may be called the Companies (Corporate Social
Responsibility Policy) Rules, 2014.
(2) They shall come into force on the 1st day of April, 2014.
2. Definitions.- (1) In these rules, unless the context otherwise requires, -
(a) “Act” means the Companies Act, 2013;
(b) “Annexure” means the Annexure appended to these rules;
(c) “Corporate Social Responsibility (CSR)” means and includes but is not limited to :-
(i) Projects or programs relating to activities specified in Schedule VII to the Act; or
(ii) Projects or programs relating to activities undertaken by the board of directors of a
company (Board) in pursuance of recommendations of the CSR Committee of the Board as
per declared CSR Policy of the company subject to the condition that such policy will cover
subjects enumerated in Schedule VII of the Act.
(d) “CSR Committee” means the Corporate Social Responsibility Committee of the Board referred to in
section 135 of the Act.
(e) “CSR Policy” relates to the activities to be undertaken by the company as specified in Schedule VII to
the Act and the expenditure thereon, excluding activities undertaken in pursuance of normal course of
business of a company;
(f) “Net profit” means the net profit of a company as per its financial statement prepared in accordance
with the applicable provisions of the Act, but shall not include the following, namely :-
(i) any profit arising from any overseas branch or branches of the company, whether operated as
a separate company or otherwise; and¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 7
(ii) any dividend received from other companies in India, which are covered under and
complying with the provisions of section 135 of the Act:
Provided that net profit in respect of a financial year for which the relevant financial
statements were prepared in accordance with the provisions of the Companies Act, 1956, (1
of 1956) shall not be required to be re-calculated in accordance with the provisions of the
Act:
Provided further that in case of a foreign company covered under these rules, net profit means
the net profit of such company as per profit and loss account prepared in terms of clause (a) of sub-
section (1) of section 381 read with section 198 of the Act.
(2) Words and expressions used and not defined in these rules but defined in the Act shall have the same
meanings respectively assigned to them in the Act.
3. Corporate Social Responsibility. -
(1) Every company including its holding or subsidiary, and a foreign company defined under clause (42) of
section 2 of the Act having its branch office or project office in India, which fulfills the criteria specified in
sub-section (1) of section 135 of the Act shall comply with the provisions of section 135 of the Act and these
rules:
Provided that net worth, turnover or net profit of a foreign company of the Act shall be computed in
accordance with balance sheet and profit and loss account of such company prepared in accordance with the
provisions of clause (a) of sub-section (1) of section 381 and section 198 of the Act.
(2) Every company which ceases to be a company covered under sub-section (1) of section 135 of the
Act for three consecutive financial years shall not be required to -
(a) constitute a CSR Committee; and
(b) comply with the provisions contained in sub-section (2) to (5) of the said section,
till such time it meets the criteria specified in sub-section (1) of section 135.
4. CSR Activities.-
(1) The CSR activities shall be undertaken by the company, as per its stated CSR Policy, as projects or
programs or activities (either new or ongoing), excluding activities undertaken in pursuance of its normal
course of business.
(2) The Board of a company may decide to undertake its CSR activities approved by the CSR
Committee, through a registered trust or a registered society or a company established by the company or its
holding or subsidiary or associate company under section 8 of the Act or otherwise:
Provided that—
(i) if such trust, society or company is not established by the company or its holding or subsidiary or
associate company, it shall have an established track record of three years in undertaking similar
programs or projects;
(ii) the company has specified the project or programs to be undertaken through these entities, the
modalities of utilization of funds on such projects and programs and the monitoring and reporting
mechanism.
(3) A company may also collaborate with other companies for undertaking projects or programs or CSR
activities in such a manner that the CSR Committees of respective companies are in a position to report
separately on such projects or programs in accordance with these rules.
(4) Subject to provisions of sub-section (5) of section 135 of the Act, the CSR projects or programs or
activities undertaken in India only shall amount to CSR Expenditure.
(5) The CSR projects or programs or activities that benefit only the employees of the company and their
families shall not be considered as CSR activities in accordance with section 135 of the Act.8 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(6) Companies may build CSR capacities of their own personnel as well as those of their Implementing
agencies through Institutions with established track records of at least three financial years but such
expenditure shall not exceed five percent. of total CSR expenditure of the company in one financial year.
(7) Contribution of any amount directly or indirectly to any political party under section 182 of the Act,
shall not be considered as CSR activity.
5. CSR Committees.-
(1) The companies mentioned in the rule 3 shall constitute CSR Committee as under.-
(i) an unlisted public company or a private company covered under sub-section (1) of section 135 which
is not required to appoint an independent director pursuant to sub-section (4) of section 149 of the Act, shall
have its CSR Committee without such director ;
(ii) a private company having only two directors on its Board shall constitute its CSR Committee with
two such directors;
(iii) with respect to a foreign company covered under these rules, the CSR Committee shall comprise of
at least two persons of which one person shall be as specified under clause (d) of sub-section (1) of
section 380 of the Act and another person shall be nominated by the foreign company.
(2) The CSR Committee shall institute a transparent monitoring mechanism for implementation of the
CSR projects or programs or activities undertaken by the company.
6. CSR Policy.-
(1) The CSR Policy of the company shall, inter-alia, include the following, namely :-
(a) a list of CSR projects or programs which a company plans to undertake falling within the purview
of the Schedule VII of the Act, specifying modalities of execution of such project or programs and
implementation schedules for the same; and
(b) monitoring process of such projects or programs:
Provided that the CSR activities does not include the activities undertaken in pursuance of normal
course of business of a company.
Provided further that the Board of Directors shall ensure that activities included by a company in its
Corporate Social Responsibility Policy are related to the activities included in Schedule VII of the Act.
(2) The CSR Policy of the company shall specify that the surplus arising out of the CSR projects or programs
or activities shall not form part of the business profit of a company.
7. CSR Expenditure.- CSR expenditure shall include all expenditure including contribution to corpus,
for projects or programs relating to CSR activities approved by the Board on the recommendation of its CSR
Committee, but does not include any expenditure on an item not in conformity or not in line with activities
which fall within the purview of Schedule VII of the Act.
8. CSR Reporting.-
(1) The Board’s Report of a company covered under these rules pertaining to a financial year commencing on
or after the 1st day of April, 2014 shall include an annual report on CSR containing particulars specified in
Annexure.
(2) In case of a foreign company, the balance sheet filed under sub-clause (b) of sub-section (1) of
section 381 shall contain an Annexure regarding report on CSR.
9. Display of CSR activities on its website. -
The Board of Directors of the company shall, after taking into account the recommendations of CSR
Committee, approve the CSR Policy for the company and disclose contents of such policy in its report and the
same shall be displayed on the company’s website, if any, as per the particulars specified in the Annexure.
[File No. 1/18/2013-CL.V]
RENUKA KUMAR, Jt. Secy.¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 9
ANNEXURE
FORMAT FOR THE ANNUAL REPORT ON CSR ACTIVITIES TO BE INCLUDED IN
THE BOARD’S REPORT
1. A brief outline of the company’s CSR policy, including overview of projects or programs
proposed to be undertaken and a reference to the web-link to the CSR policy and projects or
programs.
2. The Composition of the CSR Committee.
3. Average net profit of the company for last three financial years
4. Prescribed CSR Expenditure (two per cent. of the amount as in item 3 above)
5. Details of CSR spent during the financial year.
(a) Total amount to be spent for the financial year;
(b) Amount unspent , if any;
(c) Manner in which the amount spent during the financial year is detailed below.
(1) (2) (3) (4) (5) (6) (7) (8)
S.No CSR Sector Projects or Amount Amount Cumul- Amount spent:
project or in programs outlay spent on the ative Direct or through
activity which (1) Local area or (budget) projects or expend- implementing agency
identified. the other project programs iture upto
Project (2) Specify or Sub-heads: to the
is the State and programs (1) Direct report-
covered. district where wise expenditure ing
projects or on projects period.
programs was or programs.
undertaken. (2) Overheads:
1
2
3
TOTAL
*Give details of implementing agency:
6. In case the company has failed to spend the two per cent of the average net profit of the last three
financial years or any part thereof, the company shall provide the reasons for not spending the
amount in its Board report.
7. A responsibility statement of the CSR Committee that the implementation and monitoring of CSR
Policy, is in compliance with CSR objectives and Policy of the company.
Sd/- Sd/- Sd/-
(Chief Executive Officer or Managing (Chairman CSR (Person specified under clause (d) of
Director or Director) Committee) sub-section (1) of section 380 of the Act)
(wherever applicable)
Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054