High Level Committee on Corporate Social Responsibility

CORPORATE SOCIAL RESPONSIBILITY   For: Mains Topics covered: Recommendations of the High-level committee News Flash The High-Level Committee on Corporate Social Responsibility (CSR) has recommended: Make Corporate Social Responsibility expenditure tax-deductible. Violation of CSR compliance may be treated as a civil offence that attracts penalties.   Other recommendations The other recommendations include allowing the carry-forward of unspent balance for a period of 3-5 years and aligning Schedule 7 of the Companies Act (which outlines the…

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