A Study on Relief and Response Effort of TCS towards CSR with the inclusion of COVID-19 for Upliftment of Society

Abstract

On 1st April 2014 India mandated CSR spending of 2%, as per Section 135 of Companies Act 2013. The Companies with certain net worth, turnover and net profit are required to mandatorily spend 2% on their average net profit for the past three years towards CSR activities. Tata Consultancy Services, a BSE and NSE listed company and the largest software and IT services company of India is actively spending towards CSR past several years. This paper is an attempt to highlight various CSR activities of TCS past five years and their initiative towards uplifting society during COVID-19 pandemic time.