Corporate Social Responsibility under Companies Act 2013

In terms of the Companies Act 2013 companies are required to contribute 2% of their profit towards Corporate Social Responsibility (CSR). Training to promote sports, creation and maintenance of sports infrastructure, up gradation and renovation of existing sports facilities, Sports Science support including setting up of Gymnasium & Rehabilitation centers are activities covered under CSR.


New Delhi, the 27th February, 2014

G.S.R, 130(E).-In exercise of the powers conferred by sub-section (l) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Govemment hereby makes the following amendments to Schedule VII of the said Act, namely :-

(l) In Schedule VII, for items (i) to (x) and the ent es relating thereto, the following items and entries shall be substituted, namely:-

  1. ‘Eradicating hunger, poverty and malnutrition, promoting preventive health care and sanitation and making available safe drinking water:
  2. promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently-abled and livelihood enhancement projects;
  3. promoting gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old age homes, day care centres and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups;
  4. ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water;
  5. protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional and handicrafts:
  6. measures for the benefit of armed forces veterans, war widows and their dependents;
  7.  training to promote rural sports, nationally recognised sports, paralympic sports and Olympic sports;
  8. contribution to the P me Minister’s National Relief Fund or any other fund s€t up by the Central Government for socio-economic development and relief and welfare of the Schedulcd Caste, the Scheduled Tribes, other backward classes, minorities and women;
  9. contributions or funds provided to tcchnology incubators located within academic institutions which are approved by the Central Government
  10. rural development projects.”

2. This notification shall come into force with effect from lst ADril. 2014.

F. No. l/l8A/2013-CL-V]


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