Corporate social responsibility

Corporate social responsibility News

Expert panel on CSR: Make non-compliance civil offence; spending must be tax deductible

Under the Companies Act, 2013, certain classes of profitable entities are required to spend at least two per cent of their three-year annual average net profit towards Corporate Social Responsibility (CSR) in a particular financial year.

Lok Sabha nod to Companies Amendment Bill

Pinaki Misra of BJD described the Bill as “disastrous” and A Raja of the DMK said the Registrar of Companies had been given “excessive powers”.   


CSR spending requirement: Notice to firms for not complying with norms

Of 6,286 companies, as many as 2,203 firms spent more than the prescribed amount towards CSR during the April-November period of 2016-17, while 3,718 companies spent less than the required amount and 346 firms did not spend any amount towards such activities.

CSR Spend in 2016-17: Hunger, poverty eradication & healthcare take back seat

Expenditure on these fell 18.6 per cent; highest spend on education, vocational skills.

CSR getting into mainstream through Companies Act: Arjun Ram Meghwal

Minister of State for Corporate Affairs Arjun Ram Meghwal underlined the government's desire to formally involve the corporate sector in the social development agenda of the country.

State to hold 40 pre-summit events till Jan ’15

Seminars will deliberate on sports to women empowerment, forest conservation & CSR.


Claiming the city

The scope of corporate social responsibility needs to be expanded.

As govt considers demand for change, relook at CSR unlikely

The MCA has already identified 77 issues.

‘Pharma firms will get CSR benefits only if they donate medicines to the poor’

Delhi High Court orders Ministry of Corporate Affairs to add this condition to CSR rules.

A pool for do-gooders

Targeted investments should be driven by a knowledge of how CSR fits into company strategy.