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CSR EXPENDITURE
Delhi government plans to operate two hydrogen fuel buses in tie-up with NTPC: Delhi ministerThe Delhi Transport Corporation (DTC) is working on a Memorandum of Understanding (MoU) with state-owned NTPC Limited, which will provide t...
Reliance operationalises clean energy giga complex; elevates national exchequer contribution to Rs 2,16,472 crore in FY26Reliance Industries has launched its clean energy operations. The company commissioned solar module manufacturing and began advanced work o...
As India's R&D faces funding & talent crunch, Niti panel suggests 50+ fixesIndia's research and development spending lags behind global leaders. A Niti Aayog report highlights funding issues and bureaucratic delays...
India should increase investment in R&D to 2 per cent of GDP: Niti AayogNiti Aayog has urged India to boost research and development investment to two percent of GDP within five years. The report suggests restor...
'Hospital infra isn't sole determinant of better care, outcomes also matter,' says Max Healthcare ChairmanMax Healthcare has significantly increased its bed capacity to 6,500 with a new Saket facility. This expansion targets both domestic patien...
Unlisted firms climb up CSR spend listUnlisted companies in India spent nearly as much on corporate social responsibility (CSR) as listed firms in 2022-23, reflecting improved p...
CSR spending goes greener; health gets highest dose as companies rejig focusIn FY22, India's corporate social responsibility (CSR) spending on the environment more than doubled to ₹2,837 crore, which made the sector...
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...
What Covid-19 contributions get qualified as CSR expenditure. Here's the complete listThe FAQ clarifies that contribution made towards the PM Care fund qualifies as CSR, funds given to Chief Minister's Relief Fund does not qu...
Corporate CSR funds not to go into govt projectsThakur also clarified that corporates could now count contributions towards designated technology incubators and contributions to public fu...
Companies' P&L accounts to have separate CSR Expenditure headA company needs to spend at least 2 per cent of its three-year-average net profit on CSR if it has a minimum net worth of Rs 500 crore.
ICAI issues norms for CSR accounting by companiesCompanies meeting certain financial criteria such as a net worth, turnover or net profit of at least Rs 500 crore, Rs 1,000 crore and Rs 5 ...
CSR expenditure details to be available towards 2015 endArun Jaitley on Friday informed Parliament the responsibility of monitoring the implementation of CSR policy lies with the board of concern...
Companies cannot carry forward excess funds spent on CSR works: ICAIExcess amount spent by corporates on CSR activities in a particular fiscal under the companies law cannot be carried forward to subsequent ...
Government provides clarity on CSR activities under Companies ActUnder the new Companies Act, certain class of profitable entities are required to shell out at least 2% of their three-year annual average ...
Finance Ministry not in favour of tax sops for CSR in backward regionsThe Finance Ministry is not in favour of giving tax benefits to businesses for their social welfare spendings in backward regions as said b...