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Central regulation

CSR Annual Action Plan & Form CSR-2

Companies with net worth Rs 500 cr / turnover Rs 1,000 cr / net profit Rs 5 cr (in any of preceding three FYs) must spend 2% of average net profit on CSR, constitute a CSR Committee, and file Form CSR-2 annually.

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Information, not legal advice. Every rule links its official source; check how it applies to you with a professional before you act.

Definition

Companies with net worth Rs 500 cr / turnover Rs 1,000 cr / net profit Rs 5 cr (in any of preceding three FYs) must spend 2% of average net profit on CSR, constitute a CSR Committee, and file Form CSR-2 annually.

  • SourceCompanies Act, 2013 — Section 135 + Companies (CSR Policy) Rules, 2014 · Section 135; Rule 8 (Reporting)
    mca.gov.in

What it means in practice

CSR Annual Action Plan & Form CSR-2 is administered by Ministry of Corporate Affairs (MCA). The obligation is grounded in Companies Act, 2013 — Section 135 + Companies (CSR Policy) Rules, 2014 (Section 135; Rule 8 (Reporting)).

Unspent CSR (other than ongoing projects) must be transferred to Schedule VII fund within 6 months; ongoing project unspent goes to Unspent CSR Account.

  • SourceCompanies Act, 2013 — Section 135 + Companies (CSR Policy) Rules, 2014 · Section 135; Rule 8 (Reporting)
    mca.gov.in

Triggers (applicability conditions)

Compliance radar in LuckPanda checks these conditions against a business profile to decide whether this rule applies.

  • ownership IN ['pvt_ltd','ltd']
  • net_profit>=50000000 OR turnover>=10000000000 OR net_worth>=5000000000

Deadlines and penalty

Cadence
Every year · Annual renewal
Next due
Later Next due 30 Sept 2027 (in 354 days)
Penalty for default
Default: penalty twice the unspent amount or Rs 1 crore (whichever less); officers Rs 2 lakh-Rs 5 lakh per default under Sec 135(7).

The next date is worked out from today (India time) and the rule's statutory schedule; extensions notified by the government are not reflected.

Citations

  • SourceCompanies Act, 2013 — Section 135 + Companies (CSR Policy) Rules, 2014 · Section 135; Rule 8 (Reporting)
    mca.gov.in

CSR Annual Action Plan & Form CSR-2 by state