CSR -1 Registration
CSR-1 Registration refers to the Corporate Social Responsibility (CSR) Registration Form that is mandated by the Government of India for companies wishing to engage in CSR activities. The registration process was introduced under the Companies (Corporate Social Responsibility Policy) Rules, 2014, and is part of the efforts to promote transparency and accountability in corporate social responsibility.
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FAQ about CSR -1 Registration
CSR-1 Registration is a mandatory process for organizations (NGOs, NPOs, or other entities) to receive Corporate Social Responsibility (CSR) funding from companies in India. The registration is done through the Ministry of Corporate Affairs (MCA) portal, and it ensures that the organization meets the necessary legal requirements to receive CSR funds.
The CSR-1 form must be filled out by entities such as NGOs, NPOs, and other organizations that wish to receive CSR funds from companies. The form needs to be submitted online via the MCA portal.
Organizations that fail to register under CSR-1 will not be eligible to receive CSR funds from companies. Companies can only contribute to organizations that have completed CSR-1 registration.
The registration ensures that the organization is eligible to receive CSR funds from companies. It promotes transparency, accountability, and compliance with government regulations, helping companies channel their CSR funds to organizations that are legitimate and working in the public interest.
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