25-March-2026
Commercial Laws
 
Corporate Laws (Amendment) Bill 2026 referred to JPC: Easier CSR, buyback norms proposed in new bill
24-Mar-2026

The government has proposed to increase the minimum net profit threshold for mandatory corporate social responsibility (CSR) spending by companies to Rs 10 crore. This move aims to ease the burden on companies with nominal profits, allowing them to focus on growth rather than CSR contributions. In addition, the Corporate Laws (Amendment) Bill, 2026 tabled in Parliament on Monday, proposes to give companies more time to transfer funds to the unspent CSR account for long-term projects.

News Source:- https://www.financialexpress.com/business/news-corporate-laws-amendment-bill-2026-referred-to-jpc-easier-csr-buyback-norms-proposed-in-new-bill-4181705/