CSR

"Corporate be responsible, before being socially responsible"

The Corporates must act responsibly, so that their actions benefied not only the stakeholders, but society as whole, N Sessasayee, Principal District Judge, Coimbatore, said today.

Mar 14, 2015, 17:39 PM IST

CSR spend may grow over 4 times to $2.5 bn: Study

The CSR norms came into effect from April 1 last year through the Companies Act, 2013, which is being implemented by the Corporate Affairs Ministry.

Feb 15, 2015, 10:54 AM IST

Govt panel formed to monitor CSR works

The government has set up a high level panel to suggest a framework to assess CSR activities done by corporates under the companies law.

Feb 04, 2015, 12:10 PM IST

India Inc must make 'growth with equity' as CSR goal: Ansari

Asking India Inc to embrace the concept of 'growth with equity' as part of their Corporate Social Responsibility (CSR) motto, Vice-President Mohammad Hamid Ansari Monday said industries should voluntarily take up community projects instead of being pushed by laws to to do.

Feb 02, 2015, 23:22 PM IST

No specific tax exemption for companies' CSR expenses: Govt

The new companies law, which came into force from April 1, requires certain class of profitable corporates to shell out at least 2 percent of their three-year annual average net profit towards CSR works.

Dec 05, 2014, 17:17 PM IST

Corporates to pump in Rs 14,000 cr towards CSR in 2014-15: FM

Finance Minister Arun Jaitley Tuesday said companies are expected to pump in as much as Rs 14,000 crore for Corporate Social Responsibility (CSR) activities in 2014-15 and the amount will be increasing in subsequent years.

Nov 04, 2014, 21:16 PM IST

Govt makes CSR spending mandatory for public sector companies

Coming out with revised guidelines, the government has made it mandatory for all profit-making central public sector companies to spend money on CSR activities.

Oct 26, 2014, 14:20 PM IST

Corp Affairs ministry says simplifying procedures under new companies law

The Companies Act, 2013 -- that replaces the nearly six-decade old law governing corporates in the country -- came into effect from April 1.

Oct 03, 2014, 13:26 PM IST

Companies have to comply with CSR norms: Govt

Nirmala Sitharaman said the Companies Act, 2013 came into operation this year only and the government was watching the spendings under CSR.

Aug 12, 2014, 13:29 PM IST

Tata Group's CSR spend crosses Rs 660 cr in FY14

Salt-to-software Tata Group Tuesday said the CSR spend by the group companies alone crossed Rs 660 crore last fiscal and that money will not be a problem when it comes to social outreach even beyond the legal mandate of 2 percent of net income.

Jul 15, 2014, 22:25 PM IST

Companies' CSR works to be monitored from next year: Govt

Companies with a turnover of Rs 1,000 crore or more, at least Rs 500 crore net worth or minimum Rs 5 crore net profit are required to spend on CSR.

Jul 15, 2014, 15:10 PM IST

Govt aims for housing for all by 2022, extends additional tax incentive on home loans

Further, a Mission on Low Cost Affordable Housing will be started and the same will be anchored in the National Housing Bank.

Jul 10, 2014, 13:55 PM IST