MCA proposes significant changes to CSR applicability
The Ministry of Corporate Affairs has proposed lowering CSR thresholds, which—if implemented—will bring a large number of mid-sized companies under mandatory CSR compliance.
Proposed thresholds (under consideration):
• Net Worth: ₹100 Cr
• Turnover: ₹500 Cr
• Net Profit: ₹3 Cr
This move aims to deepen corporate participation in social development and responsible business practices.
Companies should closely track developments and evaluate potential compliance impact.
#MCAUpdates #CSRCompliance #CorporateGovernance #CAProfession #BusinessRegulation
MCA Proposes Major Changes to CSR Applicability
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