Rework the CSR framework to incorporate a sliding scale of contributions and tax breaksIndian companies contributed nearly ₹30,000 cr to CSR in 2022-23, focusing on education and healthcare. There's a need for a more equitable...
19 Mar, 2025, 11.02 PM IST
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...
06 Sep, 2024, 12.00 PM IST
Follow your CSR monumental moneyThe Indian government has launched "Adopt a Heritage 2.0," a scheme that invites corporates to utilize their CSR funds to maintain heritage...
13 Sep, 2023, 11.47 PM IST
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...
21 Mar, 2023, 10.38 AM IST
Why India Inc should explore social impact bonds for CSR activitiesTraditionally, companies spend their CSR funds by donating or engaging an implementing agency to further causes relevant to their businesse...
28 Feb, 2023, 11.05 PM IST
Social audit of CSR spend may become mustOfficials in the Ministry of Corporate Affairs (MCA) said the social audit will begin with public sector undertakings (PSUs) and then exten...
05 Apr, 2022, 01.10 AM IST
India Inc spent Rs 7,537 crore as CSR obligations in 2 months directed to address the Covid-19 pandemicThis included Rs 4,316 crore in donations to the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund. The remaining...
09 Jun, 2020, 07.10 PM IST
Corporate affairs ministry to count funds spent to tackle Covid-19 under CSR activity“Keeping in view of the spread of novel Coronavirus (COVID-19) in India, its declaration as a pandemic by the World Health Organisation (WH...
23 Mar, 2020, 06.49 PM IST
View: How mandated 'corporate social responsibility' can be wastefulIf a company just wants to create lots of jobs and pay taxes and dividends, don’t burden it with CSR duties.
04 Aug, 2019, 10.41 AM IST
CSR non-compliance: Prosecution sanctioned in 366 casesIn 2014-15, as many as 16,785 companies shelled out Rs 10,065.93 crore towards CSR activities.
01 Jul, 2019, 01.37 PM IST
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 ...
01 Jun, 2015, 09.50 AM IST
Narendra Modi-led government plans to penalise CSR defaulters under Companies Act 2013At present, non-compliance of CSR rule isn't penalized by the Companies Law, and those unable to spend can get away with some justification.
28 Apr, 2015, 01.10 PM IST
Oil PSUs hired 4,200 people in FY'12; spent Rs 367 cr on CSRState-owned oil firms, led by ONGC and Indian Oil Corporation, hired over 4,200 people in 2011-12, Petroleum Ministry said today.
18 Oct, 2012, 12.41 PM IST
- Companies Bill may come up in Monsoon Session: Moily
The government is not in favour of making the CSR obligations mandatory against the backdrop of stiff resistance from the corporates.
17 Jun, 2012, 01.46 PM IST
- India Inc's philanthropy: When charity is self-interest
While clarity on the different concepts of philanthropy, CSR and investing for social impact is slowly diffusing into the collective consci...
11 Jan, 2011, 06.21 AM IST
- Govt asks companies to proivide CSR reports
Companies told to provide CSR details for last fiscal as govt mulls mandatory social obligations.
11 Aug, 2010, 03.48 AM IST
- CSR of PSUs may be funded by 2-5% of their net profit
Corporate social responsibility (CSR) for a state-owned firm would involve people-centric projects to be funded by 2-5 per cent of the comp...
10 Feb, 2010, 12.37 PM IST