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MANDATORY CSR
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...- 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...
- '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...
- Supreme Court seeks response from Centre, others on plea to prevent cattle intrusion on highwaysThe Supreme Court has asked the Centre and states for their views on a plea to keep stray cattle off national and state highways. The court...
- 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...
- 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.
- Time govt scrapped mandatory CSRMany companies go beyond and tackle problems of the environment and of social underdevelopment. They become a draw for ethical investors.
- PSUs, private entities not spending 2pc of profit in CSR activities in Assam: Assembly panelThe assembly panel in its report for the Industries Department for 2021-22 suggested that PSUs and private firms with production units outs...
- Total CSR spend may cross Rs 50,000 cr by March 2019: ReportThe total CSR spending by the top 500 companies in the country since the applicability of mandatory CSR in 2014 is likely to cross Rs 50,00...
- Penalise firms not spending 2% of profits on CSR: Parliamentary PanelA Parliamentary panel has suggested to the government that it impose penalty on corporates for not spending mandatory 2 per cent of their n...
- Kerala based startup sets sight on business potential in CSRMost firms with sizeable business are required to shell out at least two per cent of their three year annual average net profit towards CSR...
- CSR clause is a breakthrough initiative in CSR arena: Puja Marwaha, CEO, CRYIn an interview with ET, Ms Puja Marwaha, CEO, CRY (Child Rights and You) shares her views on corporate social responsibility (CSR) in India
- India Inc must embrace mandatory CSR, says HBS Dean NohriaManagement guru Nitin Nohria today asked Indian businesses to seize the opportunity provided by mandatory corporate social responsibility (...
- CSR activities should bring smile to people; not profit for cos: Sachin PilotCorporate Affairs Minister Sachin Pilot asked the companies to desist from spending on profit-earning activities to meet norms.
- We do have mandatory CSR: Taxation will not create better corporate citizensMandatory CSR makes a wrong assumption that most companies are big and established with large revenues and established profits to allocate.
- Corporate Affairs Ministry unlikely to heed calls for mandatory CSR in Companies BillThe MCA is expected to communicate its stand to the Parliamentary Standing Committee on Finance in a meeting next week, sources said.
- CSR not mandatory for private sector companies: MoilyThe government on Wednesday clarified that the new Companies Bill is not going to make spending on CSR activities mandatory for companies.
- No mandatory CSRIt is a bad idea for the law to mandate that companies carry out activities that are covered under the rubric corporate social responsibili...
- Make CSR mandatory for pvt cos for parity with PSUs: SCOPEThe Corporate Affairs Ministry had said that the proposed CSR spending target under the Companies Bill is "aspirational" and not "direction...
- Govt asks companies to proivide CSR reportsCompanies told to provide CSR details for last fiscal as govt mulls mandatory social obligations.
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