Annual CSR compliance: committee meeting, expenditure tracking, CSR-2 filing, unspent amount transfer
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.
Verify: Net worth >= 500 Cr OR Turnover >= 1000 Cr OR Net profit >= 5 Cr in preceding FY.
CSR Committee recommends expenditure plan and identifies Schedule VII activities.
Board approves CSR policy and annual action plan. Min 2% of average net profits of 3 preceding FYs.
Execute CSR projects through implementing agencies or directly.
File CSR-2 as attachment to AOC-4. Report expenditure details.
Transfer unspent amount to Unspent CSR Account within 30 days of FY end. Spend within 3 FYs or transfer to Schedule VII fund.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.