Changes in CSR provisions propsoed in Companies Amendment Bill 2026

General
1

The following amendments have been proposed in the Companies Amendment Bill 2026 which is with the Joint Parliamentary Committee for examination before it is taken up for being made into law

  1. Proposed to increase net profit trigger for being covered under Section 135 from Rs. 5 cr to Rs.10 cr. The earlier Amendment Bill 2025 which was withdrawn actually decreased the trigger to Rs. 3 cr but is no more relevant
  2. Proposed to have an expert on CSR in CSR Committee mandatorily
  3. Proposed that CSR committee is not required if CSR obligation is upto Rs 1 cr from Rs.50 lakhs presently
  4. Proposed that deposit of unutilized CSR amount in Unutilized CSR Bank Account proposed to be increased from 30 to 90 days
  5. Proposed that Central Govt empowered to exempt certain category of companies from CSR compliance

CS Sharad Bhargava