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TMI Blog196 companies faced penal action in FY 2014-15 for non-compliance of CSR norms; Maharashtra tops in CSR expenditure in FY 2015-16X X X X Extracts X X X X X X X X Extracts X X X X ..... 196 companies faced penal action in FY 2014-15 for non-compliance of CSR norms; Maharashtra tops in CSR expenditure in FY 2015-16 - News and Press Release Dated:- 3-1-2018 - News - With a view to increases awareness and improve compliance of Corporate Social Responsibility (CSR) provisions among companies, the Ministry of Corporate Affairs has issued clarificatory circulars and Frequently Asked Questions, and also organiSed various workshops /seminars /conferences in collaboration with the Professional Institutes apex Business Chambers on the subject. In addition, penal provisions under section 134(8) of the Companies Act, 2013 , have been invoked for non-compliance of CSR provisions. Till date, Ministry has accorded permission for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... penal action against 196 companies for the financial year 2014 - 15. Section 135 of the Act commenced with effect from financial year 2014 -15. As per the data obtained from filings made by companies upto 31.03.2017 in the MCA21 registry for the years 2014 -15 and 2015-16, the expenditure made by companies on CSR is as summarised in the Table below and the State/UT wise CSR expenditure mentioned after that. CSR Expenditure during 2014-15 and 2015-16 Sl. No. Company Type Financial Year 2014-15 Financial Year 2015-16 No. of companies which have reported any CSR expenditure Actual CSR expenditure (in Rs. crore) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No. of companies which have reported any CSR expenditure Actual CSR expenditure ( in Rs. crore) 1. PSUs 203 2671.92 237 4159.57 2. Private Sector Companies 5667 6881.80 7746 9465.67 Total 5870 9553.72 7983 13625.25 STATE/UT-WISE CSR EXPENDITURE DURING FY 2014-15 AND FY 2015-16 CSR Expenditure ( In Rs. Crores ) SI. No. State/ UT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2014-15 2015-16 1 Andaman and Nicobar Islands 0.29 0.54 2 Andhra Pradesh 403.91 1195.80 3 Arunachal Pradesh 11.03 1.22 4 Assam 133.07 160.39 5 Bihar 36.20 107.51 6 Chandigarh 1.73 5.08 7 Chhattisgarh 158.31 233.57 8 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Dadra Nagar Haveli 2.54 11.84 9 Daman Diu 20.05 2.09 10 Delhi 210.77 443.74 11 Goa 26.60 27.07 12 Gujarat 295.35 535.03 13 Haryana 175.99 357.40 14 Himachal Pradesh 9.30 51.47 15 Jammu And Kashmir 35.61 102.84 16 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Jharkhand 75.64 115.22 17 Karnataka 382.61 701.14 18 Kerala 62.45 125.43 19 Lakshadweep 0.00 0.30 20 Madhya Pradesh 136.73 169.38 21 Maharashtra 1369.22 1787.35 22 Manipur 1.57 5.80 23 Meghalaya 3.52 3.81 24 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Mizoram 1.03 1.08 25 Nagaland 1.11 0.95 26 Odisha 249.50 597.97 27 Pondicherry 1.81 6.11 28 Punjab 53.71 67.43 29 Rajasthan 271.36 459.81 30 Sikkim 1.03 1.87 31 Tamil Nadu 498.73 589.23 32 Telanga ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... na 94.87 238.35 33 Tripura 1.16 1.47 34 Uttar Pradesh 138.45 406.04 35 Uttarakhand 69.99 64.29 36 West Bengal 178.54 396.88 37 Not Elsewhere Classified/Not Mentioned * 164.61 276.43 38 Pan India * 4275.33 4373.31 Grand Total 9553.72 13 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 625.25 * Companies either did not specify the names of States or indicated more than one State where projects were undertaken. This was stated by Shri P.P. Chaudhary, Minister of State for Corporate Affairs in written reply to a question in Rajya Sabha - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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