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CSR RULES
BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...- CSR norm tweak to boost social stock exchangesCompanies can now allocate up to 10% of their annual CSR spending via zero coupon zero principal instruments from not-for-profit organizati...
- Govt amends CSR norms; provides more leeway for companiesCompanies can now invest up to ten percent of their Corporate Social Responsibility funds into special instruments. These instruments are c...
- 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...
- Stronger push for accountability: Evaluation tightened, faltering CPSEs to face strict penaltiesNew performance rules for central public sector enterprises have come into effect. Strict penalties will be applied for not meeting corpora...
- India's R&D punches above its weight, but grant delays and red tape hold back researchersIndia is an innovation 'overperformer' but its research systems lag behind. Improving 'ease of doing R&D' is crucial. This requires faster ...
- 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 ...
- Govt amends rules governing corporate social responsibilityUnder the Companies Act, 2013, certain classes of profitable companies are required to spend at least 2 per cent of their average net profi...
- MCA to use AI, data analytics to monitor CSR activitiesThe new disclosure form seeks granular details of CSR activities, which would help authorities to carry out a wider investigation covering ...
- 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...
- Government won’t go ahead with new CSR rulesDecision follows suggestions by a panel which wants breaches to be treated as civil offences, backs penalties
- Multinational corporations seek clarity on CSR legal normsInconsistency between Companies Act and the CSR rules has made multinationals mull whether they are legally bound to follow norms on mandat...
- Cos can set up trusts, societies to implement CSR policyCertain class of profitable cos are now required to spend at least 2% of their three-year annual average net profit towards CSR activities.
- CII seeks clarity on new companies law; suggest changes in CSR rulesThe Confederation of Indian Industry (CII) has also said that CSR rules should be in force only after three years.
- Corporate Affairs Ministry's detailed FAQs on CSR likely by AugustTo provide more clarity on social welfare spending norms, the Corp Affairs Min is likely to come out with a detailed 'FAQs' on CSR activiti...
- Nasscom, Nasscom Foundation offer workshops on CSR rulesNasscom and Nasscom Foundation have come together to help clear myths and doubts related to CSR rules in the new Companies Act.
- Government notifies rules for CSR activitiesVarious activities aimed at reducing inequalities faced by socially and economically backward groups have been included.
- 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 ...
- Cos to spend Rs 15-20k cr a year on CSR: Sachin PilotThe government has left the canvas wide open for the companies to decide on their own about the CSR activities they wish to undertake to co...
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