• India CSR Awards 2025
  • Guest Posts
Tuesday, August 5, 2025
  • Login
India CSR
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
India CSR
No Result
View All Result
FKCCI Announces India CSR & Sustainability Conference &  Awards 2025 FKCCI Announces India CSR & Sustainability Conference &  Awards 2025 FKCCI Announces India CSR & Sustainability Conference &  Awards 2025
ADVERTISEMENT
Home Corporate Social Responsibility

India CSR CEO Endorses Restriction on Input Tax Credit for Corporate Social Responsibility

The restriction on input tax credit for CSR activities will help to ensure that companies are not receiving undue benefits for their contributions to society.

India CSR by India CSR
February 2, 2023
in Corporate Social Responsibility
Reading Time: 2 mins read
Rusen Kumar I India CSR

Rusen Kumar I India CSR

Share Share Share Share

Rusen Kumar believes that this decision will provide clarity and promote a more transparent tax system.


NEW DELHI: The recent proposal in the 2023 Finance Bill to restrict input tax credit for goods and services used for Corporate Social Responsibility (CSR) activities has received the endorsement of India CSR CEO, Rusen Kumar. Kumar believes that this move will create a fairer and more balanced tax system by eliminating the potential for companies to double benefit from their contributions to society.

The proposed amendment in the GST Act has received mixed reactions from industry experts, with some believing it will clear the ambiguity surrounding the issue and others feeling the government should have focused on providing relief to the recipients of input tax credit instead. However, Kumar believes that this decision will provide clarity and promote a more transparent tax system.

FKCCI Announces India CSR & Sustainability Conference &  Awards 2025 FKCCI Announces India CSR & Sustainability Conference &  Awards 2025 FKCCI Announces India CSR & Sustainability Conference &  Awards 2025
ADVERTISEMENT

On other hand, KPMG in India Partner, Indirect Tax, Abhishek Jain believes that this move will clear the air on the ambiguous issue and will provide clarity, while on the other hand, AMRG & Associates Partner Priyanka Sachdeva believes that it is a wrong step. She feels that the government should have dealt with the major issue of input tax credit and provided relief to the recipients who pay tax to the supplier but do not receive a deposit of the tax.

Kumar further states that companies are already taking advantage of various government schemes and incentives, making it inappropriate to provide additional tax credits for social programs. The restriction on input tax credit for CSR activities will help to ensure that companies are not receiving undue benefits for their contributions to society.

The 2023 Finance Bill also aims to decriminalize certain offenses under the indirect tax law and double the threshold for launching prosecution under the tax law to Rs. 2 crore. The limit has been retained at Rs. 1 crore for fake invoicing cases.

The restriction on input tax credit for CSR activities as proposed in the 2023 Finance Bill is a step in the right direction, according to India CSR CEO Rusen Kumar. The move will help create a fairer and more transparent tax system and ensure that companies are not double benefiting from their contributions to society.


(India CSR)

IndiaCSR Whatsapp Channel
Tags: Budget 2023-24Central GST ActCorporate Social Responsibility (CSR)DecriminalizationFake GST InvoicingFinance Bill 2023Goods and Services Tax (GST) ActInput Tax CreditProsecution ThresholdTax Clarity and Transparency

India CSR offers strategic corporate outreach opportunities to amplify your brand’s CSR, Sustainability, and ESG success stories.

📩 Contact us at: biz@indiacsr.in

Let’s collaborate to amplify your brand’s impact in the CSR and ESG ecosystem.

India CSR

India CSR

India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

Related Posts

Odisha CM Awards Jindal Hostel's Sweta Rani for Wushu Medal
Corporate Social Responsibility

CSR: Odisha CM Awards Jindal Hostel’s Sweta Rani for Wushu Medal

17 minutes ago
CSR: HCLFoundation announces winning NGOs of 2024 HCLTech Grant
Corporate Social Responsibility

CSR: HCLFoundation Finals 2025 Spot Talent Among Underserved Youth

28 minutes ago
India CSR News
Corporate Social Responsibility

Apraava Energy Empowers 2 Million Lives Through CSR in India

19 hours ago
CSR: Career Mosaic Aims to Expand STEM Learning, Education Access
Corporate Social Responsibility

CSR: Career Mosaic Aims to Expand STEM Learning, Education Access

19 hours ago
Rustomjee Plants for Sustainability in Landmark Kasara Drive
Corporate Social Responsibility

Rustomjee Plants for Sustainability in Landmark Kasara Drive

19 hours ago
CSR: Badshah Masala, Ennoble Improve Learning for Over 200 Children
Corporate Social Responsibility

CSR: Badshah Masala, Ennoble Improve Learning for Over 200 Children

20 hours ago
CSR: UP Govt Honours Colgate for Oral Health Drive in 60 Lakh Kids
Corporate Social Responsibility

CSR: UP Govt Honours Colgate for Oral Health Drive in 60 Lakh Kids

21 hours ago
CSR: Hinduja Foundation and NGO CHIRAG Revive Himalayan Ecosystem, Help 52,000 People
Corporate Social Responsibility

CSR: Hinduja Foundation and NGO CHIRAG Revive Himalayan Ecosystem, Help 52,000 People

23 hours ago
INDIA CSR NEWS ANALYSIS
Corporate Social Responsibility

Zydus Lifesciences CSR Spending Report of Rs 64 Crore for FY25

1 day ago
Load More
India CSR Awards India CSR Awards India CSR Awards
ADVERTISEMENT

LATEST NEWS

CSR: Odisha CM Awards Jindal Hostel’s Sweta Rani for Wushu Medal

CSR: HCLFoundation Finals 2025 Spot Talent Among Underserved Youth

Little Pepe Crypto Price Prediction: LILPEPE to Shine Bright in 2025 and Beyond, Here’s What’s Fueling Demand

Apraava Energy Empowers 2 Million Lives Through CSR in India

CSR: Career Mosaic Aims to Expand STEM Learning, Education Access

Rustomjee Plants for Sustainability in Landmark Kasara Drive

HZL HZL HZL
ADVERTISEMENT

TOP NEWS

International Tiger Day: The Animal Care Organisation Bolsters Anti-Poaching Efforts at Ramgarh Vishdhari Tiger Reserve

Little Pepe Crypto Price Prediction: LILPEPE to Shine Bright in 2025 and Beyond, Here’s What’s Fueling Demand

What’s It Really Like to Be a Sales Officer in the Current Market?

LILPEPE Crypto Price Prediction: Top Reason Little Pepe Price is Set to Go Parabolic in 2025

हिन्दुस्तान जिंक से 11 गांवों को मिलेगा शुद्ध पेयजल लाभ

Reliance, ONGC, and BP Join Hands for Offshore Block in Saurashtra Basin

Load More

Advertisement

Image Slider
content writing services Guest Post Top 5 Reasons to have Sponsored Posts at India CSR – India’s Largest CSR Media stem learning R2V2 Technologies Private Limited

Interviews

Himanshu Nivsarkar, Senior Executive Vice President and Head of CSR & ESG at Kotak Mahindra Bank
Interviews

Driving Sustainable Impact: An Interview with Himanshu Nivsarkar, Kotak Mahindra Bank

by India CSR
May 22, 2025

By Rusen Kumar NEW DELHI (India CSR): Himanshu Nivsarkar, Senior Executive Vice President and Head of CSR & ESG at Kotak...

Read moreDetails
Balamurugan Thevar, CSR Head at Shriram Finance

Empowering Women Drivers: An Interview with Balamurugan Thevar, CSR Head at Shriram Finance

May 20, 2025
N E Sridhar, the Chief Sustainability Officer at Titan Company Ltd.

Empowering Rural Craft Entrepreneurs: An Interview with N E Sridhar, Titan Company

May 15, 2025
Geetaj Channana, the Head of Corporate Strategy at Vivo India

Empowering Young Innovators Across India: An Interview with Geetaj Channana, the Head of Corporate Strategy at Vivo India

April 25, 2025
Load More
FKCCI Announces India CSR & Sustainability Conference &  Awards 2025 FKCCI Announces India CSR & Sustainability Conference &  Awards 2025 FKCCI Announces India CSR & Sustainability Conference &  Awards 2025
ADVERTISEMENT
Facebook Twitter Youtube LinkedIn Instagram
India CSR Logo

India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium services, we invite you to partner with us.

Follow us on social media:


Dear Valued Reader

India CSR is a free media platform that provides up-to-date information on CSR, Sustainability, ESG, and SDGs. They need reader support to continue delivering honest news. Donations of any amount are appreciated.

Help save India CSR.

Donate Now

donate at indiacsr

  • About India CSR
  • Team
  • India CSR Awards 2025
  • Partnership
  • Guest Posts
  • Services
  • Content Writing Services
  • Business Information
  • Contact
  • Privacy Policy
  • Terms of Use
  • Donate

Copyright © 2025 - India CSR | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers

Copyright © 2025 - India CSR | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.