
CSR spending of companies under scrutiny from April 2022
Corporate social responsibility (CSR) spending performance of companies is about to return under scrutiny from 1st April 2022, when the primary cycle of reporting under the new penalty regime gets completed, said an individual with knowledge of the matter. The maturity for reporting CSR compliance during a new format introduced in February is that the end of March after the penalty provision for defaulting on spending obligation came into effect