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IT department busts ₹800 crore CSR fund diversion scheme
short by / on Tuesday, 26 August, 2025
The Income Tax Investigation Unit in Agra has unearthed a ₹800 crore CSR fund siphoning racket after raids across six states. Investigators found companies funnelling CSR contributions through fake NGOs and shell firms before diverting the money. Officials said the scam deprived genuine social projects of crucial funds, and action against involved corporates and intermediaries is now underway.
read more at The CSR Journal