Workplace Ethics — Ethical Standards

Entry	Year	Description	Impact
Prevention of Corruption (Amendment) Act	2018	Introduced the concept of 'undue advantage' replacing 'pecuniary advantage', expanded the definition of public servant, and added provisions for corporate liability in corruption cases. The amendment also introduced timelines for completion of corruption trials and enhanced penalties for corruption offenses.	Strengthened the legal framework for addressing workplace corruption by making it easier to prosecute corruption cases and holding organizations accountable for corrupt practices by their employees. This has significant implications for workplace ethics in both public and private sectors.
Companies (Amendment) Act	2020	Modified CSR provisions to allow companies to carry forward unspent CSR amounts for up to three years and introduced penalties for non-compliance with CSR requirements. The amendment also clarified the scope of CSR activities and reporting requirements.	Enhanced corporate accountability for social responsibility by providing clearer guidelines and stronger enforcement mechanisms. This reinforces the ethical obligation of corporations to contribute to societal welfare and promotes transparency in CSR activities.