CSR Overview — Applicable. Budgeted. Reported.
The full CSR obligation in one place — whether the company is covered, how much it must spend, who it may spend through, and what has to be reported and filed afterwards.
Book Free ConsultationCSR is a spending obligation with a reporting tail. A company crosses a threshold in one year and carries the obligation into the next, and the amount is computed on average profits rather than on the current year alone.
At N D Savla & Associates, we test applicability, compute the obligation, help constitute the committee and policy, and see the spend through to the disclosures and filings that follow it.
Unspent amounts are where companies get caught. Money not spent in the year does not simply lapse — depending on whether the project is ongoing, it has to be transferred to a designated account or to a specified fund within the period prescribed.
Our CSR Services
Applicability Testing
Testing net worth, turnover and net profit against the thresholds that trigger CSR.
Obligation Computation
Computation of the mandatory spend on the basis the rules prescribe.
Policy & Committee
The CSR policy and constitution of the committee where required.
Activity Eligibility
Screening of proposed activities against the permitted schedule of activities.
Implementing Agency Check
Verification that the implementing agency holds valid CSR registration.
Unspent Amount Handling
Treatment of unspent amounts, ongoing projects and the transfers required.
Disclosure & Reporting
The board report annexure and the disclosures that accompany it.
CSR Filings
The registration and annual CSR filings with the Registrar.
Our CSR Process
Applicability Determined
The financial thresholds are tested against the company's numbers.
Obligation Computed
The spend requirement is computed and documented for the board.
Framework Set
Policy, committee and project selection are put in place.
Spend Executed
Funds are disbursed to eligible activities through registered agencies.
Reported & Filed
Disclosures are made and the annual CSR filing is completed.
Why It Matters
Frequently Asked Questions
Not sure whether CSR applies to your company?
Send us the last three years' financials — we'll test applicability and compute the obligation.
