truCSR

Author: CS Pradeep Kumar Parakh Executive Summary India's commitment to environmental sustainability is reflected in evolving environmental regulations. These changes can significantly influence how companies approach their CSR spending, potentially creating new focus areas and compliance considerations. This article explores the potential impact of recent (hypothetical) environmental regulations on corporate CSR expenditure. 1. The Interplay of Environmental Regulations and CSR  CSR provides a mechanism for companies to contribute to environmental protection and sustainability beyond their direct operational mandates. New environmental regulations can create both obligations and opportunities for CSR initiatives. 2. Environmental Regulations and Their CSR Implications Environmental regulations are constantly evolving, and there might have been more specific notifications, guidelines, or judicial pronouncements with localized or sectoral impacts. To keep updated with the most accur...

In a welcome move for CSR-compliant entities, the Ministry of Corporate Affairs (MCA) has officially extended the deadline for filing Form CSR-2 for the financial year 2023–24 . As per the notification issued under the Companies (Accounts) Amendment Rules), 2025 [G.S.R. 317(E)] dated 19th May 2025 , Rule 12(1B) of the Companies (Accounts) Rules, 2014 has been amended to revise the filing deadline from 31st March 2025 to 30th June 2025 . 🔹 Who Needs to File? All companies falling under the scope of Section 135 of the Companies Act, 2013 —which mandates CSR compliance—are required to file CSR-2 , disclosing key CSR activities and expenditures for the financial year. 🔹 Why It Matters CSR-2 is a critical compliance requirement that reinforces transparency and accountability in CSR governance. Timely and accurate submission is necessary to avoid penalties and regulatory scrutiny . 🖥️ How to File The CSR-2 Form must be submitted through the MCA Portal on or before 30th June 2025 . ...