Close Menu
  • Indian Festivals 2026
  • Movie & OTT Releases This Week
  • News
  • Entertainment
  • NRI Life
  • Research
  • Advertise with us
Facebook X (Twitter) Instagram YouTube
  • Download Indian Community App
  • Advertise Here
Facebook X (Twitter) Instagram
Indian CommunityIndian Community
Trending
  • Bad Boy Karthik Review (2026): A Brother’s Fight That Packs Enough Heart to Win You Over
  • Matka King Review: Vijay Varma’s Finest Hour in a Gripping Bombay Crime Drama
  • Pallichattambi Movie Review: Tovino Thomas Leads a Powerful Period Drama with Mass Appeal
  • Mr X Movie Review: Stylish Spy Action Thriller Delivers Big-Screen Entertainment with Arya in Command
  • Thimmarajupalli TV Movie Review: A Heartwarming Nostalgia Trip That Captures the Soul of Rural Telugu Cinema
  • Bhooth Bangla Review: Akshay Kumar & Priyadarshan Deliver a Wildly Fun Horror-Comedy That Hits All the Right Notes
  • Papam Prathap Review: A Wholesome Telugu Village Romance with Heart and Humor
  • Toaster Netflix Review: Rajkummar Rao and Sanya Malhotra’s Dark Comedy Is the Most Fun You’ll Have Streaming This Week
  • Indian Festivals 2026
  • News
    • National
    • International
    • Entertainment
    • Achievements
    • Scam Alerts
    • Business
    • Health & Medicine
    • Science & Technology
    • Sports
  • Entertainment
  • Latest Movie Releases
    • Latest OTT Releases
  • NRI Life
  • India & Culture
  • Health & Wellness
  • Research
Indian CommunityIndian Community
Home » News » Business
Business

Annual Corporate Social Responsibility Expenditure by Companies Surpasses Rs 1.44 Lakh Crore

Indian Community Editorial TeamBy Indian Community Editorial TeamFebruary 10, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Annual Corporate Social Responsibility Expenditure by Companies Surpasses Rs 1.44 Lakh Crore
Share
Facebook Twitter LinkedIn Pinterest Email

Annual filings by companies for Corporate Social Responsibility (CSR) expenditure have exceeded Rs 1,44,159 crore over five fiscal years from 2019-20 to 2023-24, as per government data. Minister of State for Corporate Affairs, Harsh Malhotra, mentioned that all details regarding CSR spending, including state-wise, year-wise, company-wise, and project-wise data, are publicly accessible through the MCA21 registry. He emphasized that CSR activities are driven by the company’s board, which is responsible for planning, executing, and monitoring such initiatives.

Rule 8 of the Companies (CSR Policy) Rules, 2014 mandates that companies with an average CSR obligation of Rs 10 crore or more in the preceding three financial years must conduct impact assessments, through independent agencies, for CSR projects with outlays exceeding Rs one crore and completed at least a year before the assessment. The period from 2021 to 2025 witnessed approximately 3.84 crore filings via MCA21, with 3.33 crore filings approved through the Straight Through Process, while 40.8 lakh filings were sanctioned by the Registrar of Companies and Regional Directors, and 8.3 lakh forms were rejected by concerned officers.

The launch of MCA21 Version-3 (MCA21 V3) aims to enhance Ease of Doing Business, ensure compliance, and boost transparency, according to the minister. Various features such as Web filings, LLP Module, Company module, e-Enforcement, e-Adjudication, e-Consultation, and e-Book Learning Management System have been integrated into MCA21 V3. Additionally, a help desk has been set up to handle grievances related to the MCA21 portal, with 98% of the 3,16,877 help desk tickets raised up to January 31, 2026, successfully resolved. These tickets encompassed technical issues, awareness problems, processing-related requests, and stakeholder feedback, reflecting the high transaction volume of the MCA21 system.

Companies Corporate Affairs Corporate Social Responsibility CSR Ease of Doing Business Harsh Malhotra Impact Assessment MCA21 Registrar of Companies Version-3
Add us to Google Preferred Sources
Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

Add A Comment

Lily Allen’s Latest Album Gives Voice to Non-Monogamous Relationships

April 17, 2026

Former US National Security Adviser Urges Swift Action on Critical Technologies Amid China Competition

April 17, 2026

Gokulam Kerala FC and Aizawl FC Seek Victories in IFL Double-Header

April 17, 2026

Shubman Gill’s 86 Leads Gujarat Titans to Victory Over Kolkata Knight Riders

April 17, 2026
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
About Us
  • About Us
  • Contact Us
  • Terms of Service
Corporate
  • Download Indian Community App
  • Advertise Here
Facebook X (Twitter) Instagram
  • About Us
  • Contact Us
  • Terms of Service
© 2026 Designed by CreativeMerchants.

Type above and press Enter to search. Press Esc to cancel.