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SURPLUS CSR EXPENDITURE
Airbus India chief urges govt to consider cos spend on voluntary SAF programmes as CSRAirbus India chief Jurgen Westermeier proposed integrating corporate spending on airlines' voluntary Sustainable Aviation Fuel (SAF) progra...
Can the Union Budget revive lacklustre consumer demand and boost growth?The budget aims at balancing expenditure to support growth amid low consumer demand, weak private capex, and geopolitical export threats. E...
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 ...
Net profit of CPSEs down 20% to Rs 1.38 lakh crore in FY'20Overall net profit of operating CPSEs during 2019-20 stood at Rs 93,295 crore as against Rs 1,42,666 crore in the previous year, down 34.6 ...
CII for Pandemic Pool to manage risks on long-term basisThe CII further said, "Even though initially, fiscal support from the central government is required for the successful start of the pool, ...
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...
Tax relief to kick-start capex plan, revive corporate sentiments: Tax expertsThe government's decision to reduce base corporate tax to 22 per cent from 30 per cent will boost net income of Indian corporates and is cr...
Public sector firms must take steps to unlock surplus resources: President Pranab MukherjeeMukherjee highlighted the significant role played by central public sector enterprises (CPSEs) in the country's development .
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.
Rail Budget 2015: Highlights"We want to work on goals to deliver a sustained improvement in customer experience; make railways a safer means of travel," said Prabhu.
Nothing is for-profit, there is no surplus anywhere: Shiv Nadar, Chairman, HCLThe Foundation released its first-ever annual report, detailing how it has spent Rs 1,800 crore so far of the Rs 6,000 crore it has committ...
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...
CSR won’t count employee benefitsCompanies which were hoping to fulfill their CSR obligations through the easy route of donations or activities are in for a rude shock.
GoM gives green signal to Chhatrasal, Mahan coal blocksA group of ministers recommended to the cabinet that R-Power's Chhatrasal block and Mahan block for captive use by Hindalco and Essar shoul...