New Companies Bill
New Companies Bill News
All profitable companies with a sizeable business would have to spend every year at least 2 per cent of three-year average profit on CSR works under the New Companies Act.
Presenting the bill in Parliament, Corporate Affairs Minister Sachin Pilot termed the passage of the Bill as a new era for corporate law and regulation in Indian economy and said this is a 'historic moment for the country."<br /><br />