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CSR MONEY
Uncertainty scars J&K’s economy and impacts banking, but resilience here is remarkable: Amitava Chatterjee, J&K BankJammu and Kashmir Bank has recorded its highest profit to date, soaring to Rs 2363.47 crore in FY-26. This achievement marks a significant ...- Insiders vs outsiders, and a raja under the arch: Bengal goes to polls as debate over identity and development takes center stageWest Bengal will vote today on a single issue: insiders versus outsiders. Mamata Banerjee is seeking to keep BJP out, fearing cultural and ...
- 46 pc of CSR spends in Maharashtra, aspirational districts need more attention: CrisilMaharashtra attracts almost half of India Inc's corporate social responsibility spending. However, the nation's most underdeveloped 'aspira...
- Green causes get less than 10 pc of CSR money; platform launched to up climate fundingThe India Climate Collaborative has launched a platform, Earth Exponential, with the backing of JSW Foundation, to increase funding for env...
- Voluntary vax CSR, not mandatoryReportedly, 40% of the spending over the last two years has been on account of companies counting Covid relief measures as CSR.
- ‘TCS, Kotak Bank among NSE companies not to have fully spent CSR money’Federal Bank, AU Small Finance, RBL Bank, and Uflex are among others with unspent CSR budgets.
- IT spent Rs 5,091 crore on CSR between 2014 & ’17Education is the most favoured choice of Indian IT cos, followed by central govt schemes that get about 14% of CSR money.
- Companies spent Rs 28,000 crore towards CSR works in nearly 3 yearsIn the current fiscal till November 30, a total of Rs 4,719 crore was spent while the total money shelled out towards CSR works touched a h...
- Almost 76% of CSR amount spent by corporates: Finance Minister Arun JaitleyJaitley said CSR amounts cannot be spent for any political activity and if any amount is spent in that manner, it cannot be a legitimate CS...
- A writer speaks out on the complex issues one has to forge to get CSR funding in IndiaIf acquiring CSR funding is purely about luck, then it becomes a messy business that leaves very little scope for accountability, transpare...
- How Indian companies are misusing public trusts to launder their CSR spendingPublic trusts are a favoured route to launder money because they are not adequately governed or monitored.
- Maharashtra mulls emulating Gujarat's model of CSR spendingTaking a cue from Gujarat, Maharashtra mulls to set up an authority that will play an advisory role for companies to spend their money as p...
- Government shoul not penalise companies that fail to spend on corporate social responsibilityThe law says a company should spend at least 2% of its average net profit in the preceding three years on CSR. However, the rules are irkso...
- Corporate Affairs Ministry seeks tax benefits for CSR activitiesSources said the Corporate Affairs Ministry has written to the Finance Ministry seeking tax benefits for CSR spending by companies.
- CSR rules to be finalised by January first week: Sachin PilotGovernment will soon begin notifying detailed rules for its various provisions, beginning with the much-awaited CSR norms in first week of ...
- Govt can't tell companies how to spend CSR money: Sachin PilotUnion Minister Sachin Pilot has said that neither central nor state governments can tell corporates how to spend CSR money.
- States asking companies for CSR pie is illegal: Sachin PilotAsking companies to contribute to state funds from their CSR activities is "illegal", Corporate Affairs Minister Sachin Pilot said.
- Spending on profit earning ventures cannot be CSR, says Sachin PilotCorporate Affairs minister Sachin Pilot said money spent on activities that earn profits will be a grey area while considering it as a CSR ...
- Finance Ministry to decide on tax benefits for CSR after Budget: Sachin PilotThe Finance Ministry is expected to take a view on providing tax benefits for expenditure on social welfare activities by companies after t...
- CSR: Ten large PSUs managed to disburse less than half of target amountTen large PSUs, which were together mandated to spend 1,313 crore in FY12, managed to disburse less than half that amount
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