Avoid Heavy Penalties
Non-compliance or failure to transfer unspent amounts can result in severe financial penalties, which can reach up to twice the unspent amount or ₹1 crore, whichever is less.
Legal & Advisory
CSR Registration
Ensure strict adherence to India’s Corporate Social Responsibility mandates while driving meaningful social impact and building a purpose-driven brand.
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Talk to a CA / CS / legal specialist — Mon – Sat · 11:00 AM – 7:00 PM.
+91 70444 10150
Overview
What is CSR Advisory?
Under Section 135 of the Companies Act, 2013, Corporate Social Responsibility (CSR) compliance is mandatory for companies with a net worth of ₹500 crore or more, a turnover of ₹1000 crore or more, or a net profit of ₹5 crore or more during the immediately preceding financial year. Eligible companies must establish a CSR Committee and ensure they spend at least 2% of their average net profits from the preceding three financial years on approved social activities. Navigating the approved activities under Schedule VII, managing implementing agencies, and handling unspent funds legally can be highly complex. Calcutta Corporate provides comprehensive CSR Advisory services, ensuring your initiatives are legally compliant, strategically aligned with your brand, and accurately reported to the Ministry of Corporate Affairs.
Why do it
Key Benefits
Strategic Social Impact
We align your mandatory 2% expenditure with authorized activities specified in Schedule VII, such as promoting education, healthcare, eradicating hunger, and ensuring environmental sustainability.
Enhanced Brand Goodwill
Demonstrating a genuine commitment to social, ecological, and economic development significantly improves your corporate image and customer loyalty.
Investor Confidence
A transparent and well-executed CSR policy attracts socially conscious investors and strategic partners to your business.
Seamless Agency Registration
We ensure your chosen implementing agencies, such as registered public trusts or societies, are officially registered with the Central Government via Form CSR-1.
Compliant Fund Management
Receive expert guidance on handling unspent CSR funds, ensuring they are correctly transferred to an exclusive 'Unspent Corporate Social Responsibility Account' for ongoing projects within 30 days from the end of the financial year.
How it works
Step-by-Step Process
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01
Applicability & Financial Assessment
We meticulously review your preceding financial year's net worth, turnover, and net profit to determine your exact legal obligations under Section 135.
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02
CSR Committee Formation
We assist in structuring a compliant CSR Committee, ensuring it includes the required minimum of three directors, with at least one being an independent director for applicable public companies.
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03
Policy Drafting & Board Approval
Our experts formulate a comprehensive CSR Policy detailing proposed activities from Schedule VII, which is then recommended for formal Board approval.
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04
Project Selection & Agency Vetting
We help select impactful projects and verify that any third-party implementing entities are properly registered electronically via Form CSR-1.
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05
Implementation & Monitoring
We assist the CSR Committee in monitoring fund utilization, ensuring that general management and administrative overheads do not exceed the permissible maximum limit of 5% of the total CSR expenditure.
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06
Annual Reporting & Disclosures
We prepare your mandatory annual CSR report for inclusion in the Board's Report and ensure the policy and committee composition are correctly disclosed on your company website for public access.
What you need
Documents Required
- Audited financial statements and profit computations for the preceding three financial years
- Current composition details of the Board of Directors
- Draft or existing Corporate Social Responsibility Policy
- Detailed list of proposed social projects or programs aligning with Schedule VII
- Registration certificates and Form CSR-1 approval receipts of proposed implementing agencies
- Details of the designated 'Unspent Corporate Social Responsibility Account' with a scheduled bank (if applicable)
- Independent impact assessment reports for qualifying projects (if applicable)
- Website link for the mandatory public disclosure of the CSR policy and committee details
Ready to get started with CSR Advisory?
Our team will guide you through every step — from initial assessment to final reporting. Most services are completed faster than you expect.