CSR Fund Utilization#
Receiving CSR Funds#
Eligibility
- Registered NGO
- 12A certificate
- Clean compliance record
- In CSR-approved list
Process#
- Company identifies project
- Agreement signing
- Fund transfer
- Implementation
- Impact report
Utilization#
- 80% in same year
- 20% can be accumulated
- Administrative costs: 5% max
Reporting to Company#
- Quarterly reports
- Fund utilization certificate
- Impact assessment
- Annual audited statement