International Journal of Research in Finance and Marketing (IJRFM) Available online at : http://euroasiapub.org/current.php?title=IJRFM Vol. 6 Issue 10, October - 2016, pp. 1~12 ISSN(o): 2231-5985 , ,Impact Factor: 5.861 | Thomson Reuters ID: L-5236-2015 International Journal of Research in Finance & Marketing Email:- editorijrim@gmail.com, http://www.euroasiapub.org An open access scholarly, online, peer-reviewed, interdisciplinary, monthly, and fully refereed journals 1 Corporate Social Responsibility in India–An ethical way beyond profit making Dr Mukesh Kumar Jain 1 , Associate Professor & Head Department of Commerce & Business Administration M.M.H. (P.G.) College, Ghaziabad Dr Monika Sharma 2 Associate Professor Department of Commerce & Business Administration M.M.H. (P.G.) College, Ghaziabad ABSTRACT In recent years, the concept of corporate social responsibility has gained prominence from all avenues. Organizations must realize that government alone will not be able to succeed in its endeavor to uplift the downtrodden society. The present social marketing concept of companies is constantly evolving and has given rise in new concept Corporate Social Responsibility. The vision behind this move is that a Corporation must not only achieve its economic goal but also adopt the principles of corporate social responsibility. This paper shall discuss the evolution of the concept of Corporate Social Responsibility and how important this is for economy and society. This paper argues that notwithstanding the potential economic costs that may accompany mandated CSR, the provision of the Act are designated thoughtfully to balance the objectives of the corporation and its stakeholders on the one hand and that of the society and its stakeholder on the other. This paper will throw light on the top ten organizations were already involved in successful endeavors for social benefits and spent at par or more than as per guidelines issued by Govt. The problems and issues involved in the Rules issued by the Government would be discussed in detail and the paper would offer suggestions as to how these inadequacies. Keywords: Corporate Social Responsibility, Companies Act 2013, CSR Committee, CSR rules. Introduction Not surprisingly, A large number of Indian corporate run their businesses to focus their financial objectives only and least concerned towards social objectives. A very few organizations involved in the social activities impact on the communities, cultures, societies and environments and these social activities are not done regularly but for the namesake only. On the other hand we can say CSR is not a new concept in India. In the past some of the