Under new legislation, about 16,000 Indian companies will be required to contribute 2 per cent of net profit to Corporate Social Responsibility (CSR) activities which includes cultural and heritage conservation.

Austrade are holding a Round Table session next week to discuss the legislation, how companies are responding, and how to shape projects that can attract CSR funding as part of the Cultural Precinct Initiative.

Speakers are to include Sonia Barber, Partner, Squire Patton Boggs whose topic will be CSR Legislation Overview and Implications; Simon Harrison, Adjunct Professor, and Counsel, Squire Patton Boggs, discussing Project Concepts which will meet CSR criteria; and Nicola Watkinson, Senior Trade Commissioner, Austrade New Delhi, deliberating on How Companies are Responding and Examples of Projects Attracting Support.