Tag: Companies Act 2013
Maharashtra Minister Sudhir Mungantiwar suggests including Corporate Environmental Responsibility in Companies Act 2013
Honourable Minister for Forests, Cultural Affairs, Fisheries, Government of Maharashtra, Sudhir Mungantiwar has suggested carving out a section for CER or Corporate Environmental Responsibility...
Understanding the challenges around CSR spends
By Rajeev Nair (Principal Associate) & Nishant Sogani (Associate), Rajani Associates
Corporate Social Responsibility (CSR) in India is governed by the Companies Act, 2013 (Act)...
1,000 Indian firms under scrutiny for unspent CSR funds
Companies that are holding back on their corporate social responsibility (CSR) spending and are re-routing the funds to the balance sheet could soon face...
Changing Corporate Outlook on CSR
In 2014, India became the first country in the world to mandate companies to spend a fraction of their revenue on Corporate Social Responsibility...
CSR and Corporate Sustainability
Corporate sustainability is derived from the concept of sustainable development which is defined by the Brundtland Commission as “development that meets the needs of...
Corporate Social Responsibility And Its Concerns
India has historically had a challenging ecosystem with difficult terrains all across the country, from the north to the south and east to the...
Spends With Benefits: Section 135 Becomes…Taxing
India is the first country in the world to mandate participation of companies in Corporate Social Responsibility (CSR) via legislation of Section135
CSR Opportunity to Educate and Empower Masses
The first and foremost initiative to strengthen public libraries is to support Raja Rammohan Roy Library Foundation by funding its regular activities to promote setting up libraries in the country.
Penalise firms for not spending 2% of profits on CSR activities: Parliamentary panel
A Parliamentary panel has suggested to the government that it impose penalty on corporates for not spending mandatory 2% of their net profit on wp activities.
Currently,...