## Report on the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2022
**1. Executive Summary:**
This report analyzes the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2022 based on the official notification. The amendment primarily focuses on revisions related to CSR implementation, expenditure, and reporting. Key changes include modifications to the criteria for organizations through which CSR activities can be undertaken, alterations to the treatment of unspent CSR funds, and a revised format for the annual report on CSR activities. These amendments aim to refine the CSR framework, enhance transparency, and improve the utilization of CSR funds.
**2. Introduction:**
This report provides an overview of the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2022, as notified by the Ministry of Corporate Affairs, Government of India. The analysis is based solely on the text of the provided official notification and aims to inform stakeholders about the key changes introduced.
**3. Policy Overview:**
* This document amends the Companies (Corporate Social Responsibility Policy) Rules, 2014.
* The core objective, as inferred from the text, is to refine and strengthen the framework governing Corporate Social Responsibility (CSR) activities undertaken by companies in India, particularly regarding implementation modalities, expenditure guidelines, and reporting requirements.
**4. Background and Rationale:**
The amendment appears to address certain operational challenges and ambiguities within the original CSR framework. The changes likely aim to improve the effectiveness and transparency of CSR spending. For example, the changes to organizations through which CSR can be done and the reporting requirements suggest an effort to improve accountability and streamline the CSR process. The provisions relating to unspent CSR funds also suggest an intent to ensure better utilization of allocated resources.
**5. Key Provisions / Changes:**
This section details the key changes introduced by the amendment:
* **Amendment to Rule 3(1):** A new proviso is inserted stating that a company with any amount in its Unspent Corporate Social Responsibility Account as per subsection 6 of section 135 *must* constitute a CSR Committee and comply with subsections 2 to 6 of said section. This *adds* a new *mandatory* requirement for companies with unspent CSR funds, strengthening the responsibility to actively engage in CSR activities.
* **Omission of Rule 3(2):** Subrule 2 is omitted. Without further context, the specific contents or effect of subrule 2 cannot be determined.
* **Amendment to Rule 4(1):** Subrule 1, related to the execution of CSR activities, is substituted with a new version. This rule previously defined the modes of CSR implementation. The *new* version provides a more detailed classification of eligible entities through which CSR activities can be conducted. It expands the scope of eligible implementing agencies to include:
* Companies established under Section 8 of the Act or registered public trusts/societies, exempted under specific clauses of Section 10 or registered under Section 12A and approved under Section 80G of the Income Tax Act, 1961, established by the company, or with other companies.
* Companies established under Section 8 of the Act or registered trusts/societies established by the Central or State Government.
* Entities established under an Act of Parliament or State Legislature.
* Companies established under Section 8 of the Act or registered public trusts/societies, exempted under specific clauses of Section 10 or registered under Section 12A and approved under Section 80G of the Income Tax Act, 1961, with an established track record of at least three years in undertaking similar activities.
This change *broadens* the permissible avenues for CSR implementation while setting a track record requirement for some entities.
* **Amendment to Rule 8(3)(c):** The rule related to administrative overhead expenses. It changes "five percent" to "two per cent" and "whichever is less" to "whichever is higher". Thus it *reduces* the limit on administrative overhead expenses to 2% of the total CSR expenditure and *increases* the available amount for CSR projects.
* **Substitution of Annexure II:** Annexure II, the format for the annual report on CSR activities, is replaced. This introduces a *new, more detailed* reporting format for companies. The new format requires detailed information on CSR policy, committee composition, project weblinks, impact assessment summaries, financial details (including average net profit, CSR obligation, expenditure, and unspent amounts), details of unspent CSR amounts for the preceding three financial years, and information on capital assets created or acquired through CSR spending.
* **Amendment to CSR Form 1:** The available options for "Nature of Entity" in the e-form CSR-1 are updated to reflect the changes introduced in Rule 4.
**6. Target Audience and Stakeholders:**
The primary target audience and stakeholders include:
* Companies falling under the purview of Section 135 of the Companies Act, 2013 (those meeting the specified net worth, turnover, or net profit thresholds).
* CSR Committees of these companies.
* Entities through which CSR activities are implemented (Section 8 companies, registered trusts, registered societies, etc.).
* The Ministry of Corporate Affairs, which oversees the implementation and compliance with CSR regulations.
**7. Implementation Aspects (Inferred):**
* **Responsible Agency/Bodies:** The Ministry of Corporate Affairs is the overall responsible agency. The CSR Committees of individual companies are responsible for ensuring compliance at the company level.
* **Timelines/Procedures:** The amendments come into force on the date of their publication in the Official Gazette (September 20, 2022). Companies are required to adopt the revised annual reporting format for financial years commencing on or after April 1, 2020. Companies with unspent CSR accounts must form a CSR committee.
* Companies must ensure that CSR activities are undertaken through eligible entities as defined in the amended Rule 4(1). They need to make necessary changes to implementation practices and processes.
**8. Expected Outcomes / Impact of Changes:**
The intended outcomes of these amendments include:
* **Enhanced Transparency:** The revised reporting format (Annexure II) will provide more detailed information on CSR activities, promoting greater transparency and accountability.
* **Improved CSR Spending:** Capping administrative overhead expenses at 2% will ensure that a larger proportion of CSR funds is directed towards actual projects and initiatives. The unspent CSR amount being directed to various funds also helps spend money where it is needed
* **Streamlined Implementation:** Clarifying the eligible entities for CSR implementation will simplify the process for companies and ensure that projects are undertaken through credible organizations.
* **Better Utilization of Funds:** Ensuring CSR committee creation and clear direction for unspent CSR amounts will facilitate more efficient use of CSR funds.
**9. Conclusion:**
The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2022 represent a significant update to the CSR framework in India. The changes focus on improving the effectiveness, transparency, and accountability of CSR spending. By refining implementation guidelines, modifying expenditure rules, and introducing a more comprehensive reporting format, these amendments are expected to enhance the overall impact of CSR initiatives undertaken by companies in India. It is crucial for companies to understand and comply with these revised regulations to ensure effective and meaningful contributions to social development.
Key Entities Referenced
Companies Act, 2013: Refers to the Companies Act, 2013 (18 of 2013), which provides the legal framework for companies in India, particularly concerning Corporate Social Responsibility (CSR).
Companies Corporate Social Responsibility Policy Rules, 2014: The set of rules governing Corporate Social Responsibility (CSR) policies for companies in India. These rules are being amended by the current notification.
CSR Committee: A committee constituted by a company to oversee its Corporate Social Responsibility (CSR) activities.
Unspent Corporate Social Responsibility Account: An account where unspent CSR funds are held, as per section 135 of the Companies Act, 2013.
Income Tax Act, 1961: Refers to the Income Tax Act, 1961 (43 of 1961), relevant for exemptions and approvals related to CSR activities undertaken by certain organizations.
Act of Parliament: Refers to laws enacted by the Parliament of India, relevant for establishing entities undertaking CSR activities.
State legislature: Refers to laws enacted by the legislative assembly of a state in India, relevant for establishing entities undertaking CSR activities.
Schedule VII: A schedule within the Companies Act, 2013, that lists the activities that qualify as Corporate Social Responsibility (CSR).
Ministry of Corporate Affairs: The Indian government ministry responsible for administering the Companies Act, 2013 and related regulations, including CSR policies.
New Delhi: The location of the Ministry of Corporate Affairs, and the origin of the notification. New Delhi, Delhi, India
INDERDEEP SINGH DHARIWAL: Jt. Secy. (Joint Secretary), name of the signing authority of the notification.
Government of India Press, Ring Road, Mayapuri, New Delhi: The printer of the document, located in Delhi, India.
Controller of Publications, Delhi: The publisher of the document, located in Delhi, India.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-21092022-238956
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CG-DL-E-21092022-238956
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (i)
PART II—Section 3—Sub-section (i)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 634] नई दिल्ली, मगं लवार, जसतम्ब र 20, 2022/भाद्र 29, 1944
No. 634] NEW DELHI, TUESDAY, SEPTEMBER 20, 2022/BHADRA 29, 1944
कारपोरेट कार् य मत्रं ालर्
अजधसचू ना
नई दिल्ली, 20 जसतम्ब र,2022
सा.का.जन. 715(अ).—केंद्रीर् सरकार, कंपनी अजधजनर्म, 2013 (2013 का 18) की धारा 135 और धारा 469
की उप-धारा (1) और उप-धारा (2) के द्वारा प्रित्त िजिर्ों का प्रर्ोग करते हुए, कंपनी (कारपोरेट सामाजिक िाजर्त्व
नीजत) जनर्म, 2014 का और संिोधन करने के जलए जनम्नजलजखत जनर्म बनाती ह,ै अर्ायत्:-
1. संजिप्त नाम और प्रारंभ - (1) इन जनर्मों का संजिप्त नाम कंपनी (कारपोरेट सामाजिक िाजर्त्व नीजत) संिोधन
जनर्म, 2022 ह।ै
(2) र्े रािपत्र म ेंइनके प्रकािन की तारीख को प्रवृत्त होंगे।
2. कंपनी (कारपोरेट सामाजिक िाजर्त्व नीजत) जनर्म, 2014 (जिसे इसम ें इसके पश्चात उि जनर्म कहा
गर्ा ह)ै म,ें जनर्म 3 म,ें-
(i) उपजनर्म (1) म,ें परन्तुक के पश्चात, जनम्नजलजखत परन्तुक अतःस्ट्र्ाजपत दकर्ा िाएगा, अर्ायत:-
“परंत ु र्ह और दक कोई कंपनी, जिसकी धारा 135 की उपधारा (6) के अनुसार, अपन े अव्यजर्त कारपोरेट
सामाजिक िाजर्त्व खाते में, दकसी प्रकार की राजि ह ैतो वह सीएसआर सजमजत का गठन करेगी और उि धारा की उपधारा
(2) स े (6) म ें जनजहत उपबधं ों का अनुपालन करेगी।”;
6273 GI/2022 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(ii) उप-जनर्म (2) का लोप दकर्ा िाएगा।
3. उि जनर्मों म,ें जनर्म 4 म,ें उप-जनर्म (1) के स्ट्र्ान पर, जनम्नजलजखत उप-जनर्म को रखा िाएगा, अर्ायत:-
‘(1) बोडय र्ह सुजनजश्चत करेगा की सीएसआर कार्यकलाप स्ट्वर् ं कंपनी द्वारा अर्वा जनम्नजलजखत द्वारा दकए
िाएंगे,-
(क) अजधजनर्म की धारा 8 के अधीन स्ट्र्ाजपत कोई कंपनी, र्ा आर्कर अजधजनर्म, 1961 (1961 का 43) की
धारा 80छ के अधीन अनुमोदित तर्ा धारा 12क के अधीन रजिस्ट्रीकृत र्ा धारा 10 के खडं (23ग) के उप-
खंड (iv), (v), (vi) र्ा (viक) के अधीन छूट प्राप्त कोई रजिस्ट्रीकृत सावयिजनक न्र्ास र्ा कोई रजिस्ट्रीकृत
सोसाइटी िो एकल रूप स े र्ा दकसी अन्र् कंपनी के सार् कंपनी के सार् स्ट्र्ाजपत हो; अर्वा
(ख) अजधजनर्म की धारा 8 के अधीन स्ट्र्ाजपत कोई कंपनी र्ा केंद्रीर् सरकार र्ा राज्र् सरकार द्वारा स्ट्र्ाजपत
कोई रजिस्ट्रीकृत न्र्ास र्ा रजिस्ट्रीकृत सोसाइटी; अर्वा
(ग) संसि र्ा राज्र् जवधानमंडल के दकसी अजधजनर्म के अधीन स्ट्र्ाजपत कोई इकाई; अर्वा
(घ) अजधजनर्म की धारा 8 के अधीन स्ट्र्ाजपत कोई कंपनी, र्ा आर्कर अजधजनर्म, 1961 की धारा 80छ के
अधीन अनुमोदित तर्ा धारा 12क के अधीन रजिस्ट्रीकृत र्ा धारा 10 के खंड (23ग) के उप-खंड (iv), (v),
(vi) र्ा (viक) के अधीन छूट प्राप्त कोई रजिस्ट्रीकृत सावयिजनक न्र्ास र्ा कोई रजिस्ट्रीकृत सोसाइटी तर्ा
जिसका समान कार्यकलाप करने म ें कम स े कम तीन वर्षों का रेक ररकाडय स्ट्र्ाजपत हो।
स्ट्पष्टीकरण.- खंड (ग) के प्रर्ोिन के जलए, “इकाई” पि स े अजधजनर्म की अनुसूची-VII म ें िाजमल कार्यकलाप
करने के जलए संसि र्ा राज्र् जवधानमंडल के दकसी अजधजनर्म के अधीन गरठत एक सांजवजधक जनकार् होगा, अजभप्रेत ह।ै ’।
4. उि जनर्मों म,ें जनर्म 8 म,ें उपजनर्म (3) म,ें खण्ड (ग) म,ें-
(i) “पााँच प्रजतित” िब्िों के स्ट्र्ान पर “िो प्रजतित” िब्िों को रखा िाएगा।
(ii) “िो भी कम हो” िब्िों के स्ट्र्ान पर “िो भी अजधक हो” िब्िों को रखा िाएगा।
5. उि जनर्मों म,ें उपाबंध-II के स्ट्र्ान पर, जनम्नजलजखत उपाबंध रखा िाएगा, अर्ायत:-
“उपाबधं -II
अप्रैल, 2020 के प्रर्म दिन को अर्वा इसके पश्चात ् आरंभ होने वाले जवत्तीर् वर्षय के जलए बोडय की ररपोट य म ें
सजम्मजलत दकए िाने वाल े सीएसआर दिर्ाकलापों पर वार्र्षयक ररपोट य के जलए प्रपत्र
1. सीएसआर नीजत के संबंध म ेंसंजिप्त रूप-रेखा:
2. सीएसआर सजमजत की संरचना :
ि.सं. जनिेिक का नाम पिनाम/जनिेिक पि वर्षय के िररान सीएसआर वर्षय के िररान सीएसआर
का स्ट्वरूप सजमजत की संपन्न बैठकों सजमजत की उन बैठकों की
की संख्र्ा संख्र्ा जिनमें भाग जलर्ा
गर्ा
3. वह वेब-ललंक प्रिान करें िहां सीएसआर सजमजत की संरचना,
सीएसआर नीजत और सीएसआर पररर्ोिनाए ं बोड य द्वारा अनुमोदित
सीएसआर पररर्ोिनाएं कंपनी की वेबसाइट पर प्रकट की गई ह।ैं[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3
4. जनर्म 8 के उप-जनर्म (3) के अनुसरण में र्दि लागू हो, जनष्पादित
सीएसआर पररर्ोिनाओं के प्रभाव मूल्र्ांकन का अजधिासी सारांि
वेब ललंक के सार् प्रिान करें।
5. (क) धारा 135 की उपधारा (5) के अनुसार कंपनी का औसत जनवल
लाभ
(ख) धारा 135 की उपधारा (5) के अनुसार कंपनी के औसत जनवल
लाभ का िो प्रजतित
(ग) जपछले जवत्तीर् वर्षों की सीएसआर पररर्ोिनाओं र्ा कार्िय मों र्ा
कार्यकलापों से उत्पन्न अजधिेर्ष
(घ) जवत्तीर् वर्षय के जलए सेट-ऑफ की गई अपेजित राजि, र्दि कोई हो
(ङ) जवत्तीर् वर्षय [(ख)+(ग)-(घ)] के जलए कुल सीएसआर िाजर्त्व।
6. (क) सीएसआर पररर्ोिनाओं (चालू पररर्ोिना और चाल ू
पररर्ोिना के अजतररि िोनों) पर व्यर् की गई राजि।
(ख) प्रिासजनक उपररव्यर् पर व्यर् की गई राजि।
(ग) प्रभाव मूल्र्ांकन पर व्यर् की गई राजि, र्दि लाग ूहो।
(घ) जवत्तीर् वर्षय [(क) + (ख) + (ग)]के जलए व्यर् की गई कुल
राजि ।
(ङ) जवत्तीर् वर्षय के जलए व्यर् की गई र्ा अव्यजर्त सीएसआर राजि:
अव्यजर्त राजि (रुपए म)ें
जवत्तीर् वर्ष य के जलए धारा 135 की उप-धारा (6) के धारा 135 की उपधारा (5) के जद्वतीर् परंतकु के अनसु ार
व्यजर्त कुल राजि। अनसु ार अव्यजर्त सीएसआर खात ेम ें अनसु चू ी-VII के अधीन जवजनर्िष्टय दकसी जनजध म ेंअतं ररत
(रुपए म)ें अतं ररत कुल राजि। राजि
राजि अतं रण की तारीख जनजध का नाम राजि अतं रण की तारीख
(च) सेट-ऑफ के जलए अजतररि राजि, र्दि कोई हो:
ि.स.ं ब्र्ररा राजि
(रुपए म)ें
(1) (2) (3)
धारा 135 की उप-धारा (5) के अनुसार कंपनी के औसत िुद्ध लाभ का िो प्रजतित
(i)
(ii) जवत्तीर् वर्षय के जलए व्यर् की गई कुल राजि
(iii) जवत्तीर् वर्षय के जलए व्यर् की गई अजतररि राजि [(ii)-(i)]
जपछल े जवत्तीर् वर्षों की सीएसआर पररर्ोिनाओं र्ा कार्यिमों र्ा कार्यकलापों स े
(iv)
उत्पन्न अजधिर्षे , र्दि कोई हो
उत्तरवती जवत्तीर् वर्षों में सेट ऑफ के जलए उपलब्ध राजि [(iii)-(iv)]
(v)4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
7. पूवयवती तीन जवत्तीर् वर्षों के जलए अव्यजर्त कारपोरेट सामाजिक िाजर्त्व राजि का जववरण:
1 2 3 4 5 6 7 8
ि. सं. पूवयवती धारा 135 की धारा 135 जवत्तीर् वर्षय धारा 135 की उप-धारा (5) उत्तरवती कमी, र्दि
जवत्तीर् उप-धारा (6) के की उप-धारा में खचय की के िसू रे परंतुक के अनुसार जवत्तीर् कोई हो
वर्षय अधीन अव्यजर्त (6) के गई राजि अनुसूची VII के अधीन वर्षों में
सीएसआर खाते अधीन (रुपए में) व्यर् की
जवजनर्िष्टय जनजध में अंतररत
में अंतररत राजि अव्यजर्त िाने
राजि, र्दि कोई हो,
(रुपए में) सीएसआर वाली
खाते में िेर्ष िेर्ष राजि
राजि (रुपए अंतरण की
राजि में) तारीख (रुपए में)
(रुपए में)
1 जवत्त वर्षय-
1
2 जवत्त वर्षय-
2
3 जवत्त वर्षय-
3
8. क्र्ा दकसी पूंिीगत पररसंपजत्त को जवत्तीर् वर्ष य म ें व्यर् की गई कारपोरेट सामाजिक िाजर्त्व राजि के माध्र्म स े सृजित
र्ा अजधग्रजहत दकर्ा गर्ा ह:ै
हााँ नहीं
र्दि हां, तो सृजित / अजधग्रजहत पूंिीगत पररसंपजत्तर्ों की संख्र्ा ििय करें
जवत्तीर् वर्षय में व्यर् की गई कारपोरेट सामाजिक िाजर्त्व राजि के माध्र्म से इस तरह बनाई गई र्ा अजधग्रजहत की गई
ऐसी पररसंपजत्त (ओं) स ेसंबंजधत जववरण प्रस्ट्ततु करें:
ि.सं. संपजत्त र्ा पररसंपजत्त संपजत्त र्ा सृिन की व्यर् की गई रजिस्ट्रीकृत स्ट्वामी की
(र्ों) के लघु जववरण पररसंपजत्त (र्ों) तारीख सीएसआर इकाई/प्राजधकरण/लाभार्ी का जववरण
[संपजत्त के पूरे पत े का जपनकोड राजि
और स्ट्र्ान सजहत]
(1) (2) (3) (4) (5) (6)
सीएसआर नाम रजिस्ट्रीकृत
रजिस्ट्रीकरण पता
संख्र्ा, र्दि
लाग ूहो
(सभी िेत्रों को उसी प्रकार ििार्य ा िाना चाजहए िैसादक रािस्ट्व ररकाडय म ेंििायर्ा गर्ा ह,ै फ्लैट सं., मकान सं., नगर
जनगम कार्ायलर्/नगर जनगम/ग्राम पंचार्त को जनर्िष्टय दकर्ा िाना चाजहर्े तर्ा अचल संपजत्तर्ों के िेत्र के सार्-सार् उसकी
सीमाओं को भी जनर्िष्टय दकर्ा िाना चाजहए।)
9. र्दि कंपनी धारा 135 की उप-धारा (5) के अनुसार औसत िुद्ध
लाभ का िो प्रजतित व्यर् करने म ें जवफल रही ह,ै तो कारण (णों)
को जनर्िष्टय करें।[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 5
ह./- ह./- ह./-
(मुख्र् कार्यकारी अजधकारी र्ा (अध्र्ि, सीएसआर सजमजत)। [धारा 380 की उप-धारा (1) के खंड
प्रबंधन जनििे क र्ा जनििे क)। (घ) के अधीन जनर्िष्टय व्यजि]
(िहां भी लागू हो)।”।
6. उि जनर्मों म,ें ई-प्ररूप सीएसआर-1 म,ें िम संख्र्ा 1 और उससे संबंजधत प्रजवजष्टर्ों के स्ट्र्ान पर, जनम्नजलजखत
िम संख्र्ा को रखा िाएगा, अर्ायत:् -
"1. * इकाई का o आर्कर अजधजनर्म, 1961 की धारा 8 के अधीन स्ट्र्ाजपत कंपनी, धारा 10 के खंड (23ग)
स्ट्वरूप
के उप-खंड (iv), (v), (vi) र्ा (viक)के अधीन छूट प्राप्त और िो धारा 80छ के अधीन
अनुमोदित कंपनी।
o आर्कर अजधजनर्म, 1961 की धारा 8 के अधीन स्ट्र्ाजपत, धारा 12क के अधीन
रजिस्ट्रीकृत और धारा 80छ के अधीन अनुमोदित कंपनी ।
o आर्कर अजधजनर्म, 1961 की रजिस्ट्रीकृत सावयिजनक न्र्ास, धारा 10 के खंड (23ग) के
उप-खंड (iv), (v), (vi) र्ा (viक) के अधीन छूट प्राप्त और धारा 80छ के अधीन अनुमोदित।
o आर्कर अजधजनर्म, 1961 की रजिस्ट्रीकृत सावयिजनक न्र्ास, धारा 12क के अधीन
रजिस्ट्रीकृत और धारा 80छ के अधीन अनुमोदित।
o आर्कर अजधजनर्म, 1961 की रजिस्ट्रीकृत सोसाइटी, धारा 10 के खंड (23ग) उप-खंड
(iv), (v), (vi) र्ा (viक) के अधीन छूट प्राप्त और धारा 80छ के अधीन अनुमोदित।
o आर्कर अजधजनर्म, 1961 की रजिस्ट्रीकृत सोसाइटी, धारा 12क के अधीन रजिस्ट्रीकृत
और धारा 80छ के अधीन अनमु ोदित।
o धारा 8 के अधीन स्ट्र्ाजपत कंपनी र्ा केंद्रीर् सरकार र्ा राज्र् सरकार द्वारा स्ट्र्ाजपत
रजिस्ट्रीकृत न्र्ास र्ा रजिस्ट्रीकृत सोसाइटी।
o संसि र्ा राज्र् जवधानमंडल के दकसी अजधजनर्म के अधीन स्ट्र्ाजपत इकाई।"।
[ई-फा. स.ं 05/03/2022-सीएसआर]
इन्द्रिीप लसंह धारीवाल, संर्ुि सजचव
रटप्पण: मलू जनर्म भारत के रािपत्र, असाधारण, भाग II, खण्ड 3, उपखण्ड (i) में तारीख 27 फरवरी, 2014 की
अजधसूचना संख्र्ा सा.का.जन. 129(अ) के द्वारा प्रकाजित दकए गए र्े और
तारीख 12 जसतम्बर, 2014 की अजधसूचना संख्र्ा सा.का.जन. 644(अ), तारीख 19 िनवरी, 2015 की
सा.का.जन. 43(अ), तारीख 23 मई, 2016 की सा.का.जन 540(अ), तारीख 19 जसतम्बर, 2015 की सा.का.जन
895 (अ), तारीख 24 अगस्ट्त 2020 की सा.का.जन 526(अ) और तारीख 22 िनवरी, 2021 की सा.का.जन
40(अ) के द्वारा पश्चातवती में संिोजधत दकए गए।6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 20th September, 2022
G.S.R. 715(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
further to amend the Companies (Corporate Social Responsibility Policy) Rules, 2014, namely:-
1. Short title and commencement. - (1) These rules may be called the Companies (Corporate Social
Responsibility Policy) Amendment Rules, 2022.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Companies (Corporate Social Responsibility Policy) Rules, 2014 (hereinafter referred to as the said rules),
in rule 3, -
(i) in sub-rule (1), after the proviso, the following proviso shall be inserted, namely: -
“Provided further that a company having any amount in its Unspent Corporate Social Responsibility
Account as per sub-section (6) of section 135 shall constitute a CSR Committee and comply with the
provisions contained in sub-sections (2) to (6) of the said section.”;
(ii) sub-rule (2) shall be omitted.
3. In the said rules, in rule 4, for sub-rule (1), the following sub-rule shall be substituted, namely: -
‘(1) The Board shall ensure that the CSR activities are undertaken by the company itself or through, –
(a) a company established under section 8 of the Act, or a registered public trust or a registered society,
exempted under sub-clauses (iv), (v), (vi) or (via) of clause (23C) of section 10 or registered under section 12A
and approved under 80 G of the Income Tax Act, 1961 (43 of 1961), established by the company, either singly or
along with any other company; or
(b) a company established under section 8 of the Act or a registered trust or a registered society, established by
the Central Government or State Government; or
(c) any entity established under an Act of Parliament or a State legislature; or
(d) a company established under section 8 of the Act, or a registered public trust or a registered society,
exempted under sub-clauses (iv), (v), (vi) or (via) of clause (23C) of section 10 or registered under section 12A
and approved under 80 G of the Income Tax Act, 1961, and having an established track record of at least three
years in undertaking similar activities.
Explanation.- For the purpose of clause (c), the term “entity” shall mean a statutory body constituted under an
Act of Parliament or State legislature to undertake activities covered in Schedule VII of the Act.’.
4. In the said rules, in rule 8, in sub-rule (3), in clause (c),-
(i) for the words “five percent”, the words “two per cent.” shall be substituted;
(ii) for the words “whichever is less”, the words “whichever is higher” shall be substituted.
5. In the said rules, for Annexure-II, the following Annexure shall be substituted, namely:-
“ANNEXURE -II
FORMAT FOR THE ANNUAL REPORT ON CSR ACTIVITIES TO BE INCLUDED IN THE BOARD’S REPORT
FOR FINANCIAL YEAR COMMENCING ON OR AFTER THE 1ST DAY OF APRIL, 2020
1. Brief outline on CSR
Policy of the Company:
2. Composition of CSR Committee:
Sl. Name of Designation Number of meetings of CSR Committee Number of meetings of CSR
No. Director / Nature of held during the year Committee attended during the
Directorship year[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 7
3. Provide the web-link(s) where Composition of CSR Committee, CSR Policy and
CSR Projects approved by the board are disclosed on the website of the
company.
4. Provide the executive summary along with web-link(s) of Impact Assessment of
CSR Projects carried out in pursuance of sub-rule (3) of rule 8, if applicable.
(a) Average net profit of the company as per sub-section (5) of section 135.
5.
(b) Two percent of average net profit of the company as per sub-section (5) of
section 135.
(c) Surplus arising out of the CSR Projects or programmes or activities of the
previous financial years.
(d) Amount required to be set-off for the financial year, if any.
(e) Total CSR obligation for the financial year [(b)+(c)-(d)].
6. (a) Amount spent on CSR Projects (both Ongoing Project and other
than Ongoing Project).
(b) Amount spent in Administrative Overheads.
(c) Amount spent on Impact Assessment, if applicable.
(d) Total amount spent for the Financial Year [(a)+(b)+(c)].
(e) CSR amount spent or unspent for the Financial Year:
Amount Unspent (in Rs.)
Total Amount
Total Amount transferred to Amount transferred to any fund specified under
Spent for the
Unspent CSR Account as per sub- Schedule VII as per second proviso to sub-section (5)
Financial Year.
section (6) of section 135. of section 135.
(in Rs.)
Amount. Date of transfer. Name of the Fund Amount. Date of transfer.
(f) Excess amount for set-off, if any:
Sl. No. Particular Amount
(in Rs.)
(1) (2) (3)
Two percent of average net profit of the company as per sub-section (5) of section
(i)
135
(ii) Total amount spent for the Financial Year
(iii) Excess amount spent for the Financial Year [(ii)-(i)]
Surplus arising out of the CSR projects or programmes or activities of the previous
(iv)
Financial Years, if any
Amount available for set off in succeeding Financial Years [(iii)-(iv)]
(v)8 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
7. Details of Unspent Corporate Social Responsibility amount for the preceding three Financial Years:
1 2 3 4 5 6 7 8
Sl. Preceding Amount Balance Amount Amount transferred to a Amount Deficie
No. Financial transferred to Amount in Spent in Fund as specified under remaining to be ncy, if
Year(s) Unspent CSR Unspent the Schedule VII as per spent in any
Account CSR Financial second proviso to sub- succeeding
under sub- Account Year (in section (5) of section 135, Financial Years
section (6) of under sub- Rs) if any (in Rs)
section 135 section (6) of
(in Rs.) section 135
(in Rs.)
Amount Date of
(in Rs) Transfer
1
FY-1
2
FY-2
3
FY-3
8. Whether any capital assets have been created or acquired through Corporate Social Responsibility amount
spent in the Financial Year:
Yes No
If Yes, enter the number of Capital assets created/ acquired
Furnish the details relating to such asset(s) so created or acquired through Corporate Social Responsibility
amount spent in the Financial Year:
Sl. Short Pincode of Date of Amount Details of entity/ Authority/
No. particulars of the creation of CSR beneficiary of the registered owner
the property or property amount
asset(s) or asset(s) spent
[including
complete
address and
location of the
property]
(1) (2) (3) (4) (5) (6)
CSR Name Registered
Registration address
Number, if
applicable
(All the fields should be captured as appearing in the revenue record, flat no, house no, Municipal
Office/Municipal Corporation/ Gram panchayat are to be specified and also the area of the immovable
property as well as boundaries)
9. Specify the reason(s), if the company has failed to
spend two per cent of the average net profit as per sub-
section (5) of section 135.[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 9
Sd/- Sd/- Sd/-
(Chief Executive Officer or (Chairman CSR Committee). [Person specified under clause (d) of sub-
Managing Director or Director). section (1) of section 380]
(Wherever applicable).”.
6. In the said rules, in the e-form CSR–1, for serial number 1 and the entries relating thereto, the following serial
number shall be substituted, namely:-
1. “1. *Nature of the o Company established under section 8, exempted under sub-clauses (iv), (v), (vi) or (via) of
entity clause (23C) of section 10 and approved under section 80G of the Income Tax Act, 1961.
o Company established under section 8, registered under section 12A and approved under
section 80G of the Income Tax Act, 1961.
o Registered public trust, exempted under sub-clauses (iv), (v), (vi) or (via) of clause (23C) of
section 10 and approved under section 80G of the Income Tax Act, 1961.
o Registered public trust, registered under section 12A and approved under section 80G of the
Income Tax Act, 1961.
o Registered society, exempted under sub-clauses (iv), (v), (vi) or (via) of clause (23C) of
section 10 and approved under section 80G of the Income Tax Act, 1961.
o Registered society, registered under section 12A and approved under section 80G of the
Income Tax Act, 1961.
o Company established under section 8 or registered Trust or registered Society established by
the Central Government or State Government.
o Entity established under an Act of Parliament or State Legislature.”.
[E-F. No. 05/03/2022-CSR]
INDERDEEP SINGH DHARIWAL, Jt. Secy.
Note: The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i),
vide notification number G.S.R. 129(E), dated the 27th February, 2014 and subsequently amended by
notification numbers G.S.R. 644(E), dated the 12th September, 2014, G.S.R. 43(E), dated the 19th January,
2015, G.S.R. 540(E), dated the 23rd May, 2016, G.S.R. 895(E), dated the 19th September, 2018, G.S.R. 526(E),
dated the 24th August, 2020 and G.S.R. 40(E), dated the 22nd January, 2021.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.