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CSR COMPLIANCE COSTS
How you CSR, not what, matters: India's CSR mandate and the hidden cost for companiesIndia's statutory corporate social responsibility (CSR) mandate could impede authentic social engagement. By enforcing mandatory spending, ...- JPC backs corporate law reforms, easier startup homecomingA joint parliamentary committee supports government plans to simplify corporate regulations and decriminalize minor offenses. The panel als...
- Social Stock Exchange: How it works and why investors should careEvery SSE listing goes through months of due diligence, financial and social audits. It connects credible social enterprises, both non-prof...
- House panel seeks time up to Aug 13 to submit report on corporate laws billA joint parliamentary committee has requested more time to review the Corporate Laws Amendment Bill. This extension means the bill's presen...
- Bill to amend laws governing companies and LLPs introduced in Lok SabhaAn innovative proposal is on the table aimed at transforming business operations in India. This bill introduces simplified guidelines for s...
- Government introduces bill to amend companies, LLP laws; proposes changes in CSR normsThe government has proposed significant amendments to company and LLP laws to boost ease of doing business. Key changes include decriminali...
- Panel proposes wide-ranging reforms to ease regulatory burden on small businessesA NITI Aayog-led committee has proposed 17 reforms to alleviate regulatory and financial burdens on MSMEs. Key recommendations include expa...
- Beyond compliance: Why companies must look past the balance sheet for ESGIndian companies are increasingly embracing ESG reporting, driven by regulations like BRSR and global sustainability goals. While initially...
- How CSR can strengthen Indian education system, develop next-generation leadersCSR, or Corporate Social Responsibility, involves voluntary actions by businesses to enhance the well-being of their communities. The NITI ...
- GST ITC restriction on CSR spend: Why businesses are worried about potential challengesAs part of FY 2023-24 Budget proposals, the Union Finance Minister has recommended restricting ITC on goods or services used for meeting th...
- MCA says don't interpret CSR spending as source of financing resource gaps in govt schemesUnder the Act, a certain class of profitable companies are required to shell out at least two per cent of their three-year annual average n...
- MCA amends CSR policy to allow multi-year projects and focus on impact assessmentThe corporate affairs ministry notified changes to the corporate social responsibility (CSR) rules on Friday to allow companies to undertak...
- ETIG Analysis: Need of a stimulus package for NGOsThe year 2020 has been a difficult year for NGOs in India (not just because of the pandemic) and the next year also potentially appears to ...
- As cost cutting measure, Railways stops British-era practice of using Dak messengersThe Railways has decided to do away with a British- era practice of sending confidential documents via personal or Dak messengers and instr...
- ETIG Analysis: Why is CSR set to turn from 'good to know' to 'need to know' for investors?A Sebi-constituted panel in its report last month has, among others things, proposed the allowing of CSR spends to be traded between compan...
- When compelled to do good, how has India Inc fared?There has been a 70% jump in the expenditure towards CSR initiatives to Rs 8691 in FY19.
- Bhushan Steel gets green nod for Rs 3,000 crore project in OdishaBSL has received the environment clearance for its Rs 3,000 crore project to set up a pellet unit with a production capacity of 7 million.
- Nitin Gadkari asks Ram Vilas Paswan to help improve safety for cyclistsGadkari said the new norms will have to be mandated for compliance in the manufacturing of bicycles through stringent quality checks.
- Slum redevelopment a CSR activity: Ministry of Corporate AffairsSlum-redevelopment, road safety awareness & consumer protection services will be treated as CSR activities, according to clarifications iss...
- Startups: Now jail term, and steep fine if you fail to hold AGM, maintain minutes!Starting up will not be a child's play in India, as the new Companies Act lays down a host of strictures to improve corporate governance st...
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