New Delhi, July 16 -- The government has tightened disclosure norms for non-profits executing corporate social responsibility (CSR) projects on behalf of companies, introducing a more detailed registration process to ensure only genuine, tax-compliant entities receive CSR funds.
According to a new version of Form CSR-1 issued by the Ministry of Corporate Affairs (MCA), trusts, societies, and not-for-profit companies must now submit a more structured application with enhanced disclosures to be eligible to implement CSR activities. The updated form, effective 14 July, reflects a push to align corporate giving with tax law and financial scrutiny.
The move aims to prevent shell or bogus entities from accessing CSR funds and ensure that reci...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.