One of the country’s more ubiquitous companies, Mahindra also happens to be one of the most active and visible so far as corporate social responsibility (CSR) is concerned. Much before the famous CSR ruling of the 2013 Companies Act came into existence, Mahindra had pledged 1 per cent of its PAT to CSR activities …
A silver lining amid the dark clouds came in Telangana State when the State government issued a GO for the implementation of corporate social responsibility (CSR). That was a welcome move despite it not being able to solve the problem in its totality. Though inadequate, gaps could be effectively filled even if 40 per …
Way cleared for parties to receive donations from firms classified as foreign companies. A discreet move to amend the Foreign Contribution Regulation Act (FCRA), 2010 through the Finance Bill that has gone unnoticed appears to have a twin purpose — unlock an estimated Rs. 10,000 crore that corporates want to spend on corporate social responsibility …
On 1 April, Corporate Social Responsibility (CSR) Rules complete two years of existence. The two years have been a learning curve for all stakeholders. They have also seen an ever-increasing number of claims being made to funds available under the head. Given the level of interest, one would think that the corpus available under CSR …
Majority of corporates expect to spend more on social welfare activities in the next financial year as CSR increasingly becomes part of strategic decision making process, says a survey. However, the survey by industry body Ficci also revealed that companies find lack of clarity on laws and tax related regulations along with some other factors …
Most companies see higher CSR spending next fiscal, says survey Read More »
