CORPORATE SOCIAL RESPONSIBILITY
Non-compliance of government directives by CPSEs led to shortfall of Rs 9,417 crore in dividend: CAG
As per the norms, all profit-making central public sector undertakings (CPSUs) are required to declare a minimum dividend on equity of 20 per cent or a minimum dividend payout of 20 per cent of after-tax profit, whichever is higher, subject to availability of disposable profi
Companies need to do a lot more: Rishad Premji
Indian firms need to do more to run their businesses fairly and ethically, Wipro chairman Rish...
Education received major chunk of CSR spend by corporates: Government
The CSR activities taken up by the companies relate to various sectors ...
Become thinkers and not just officers: Ravi Shankar Prasad
Ravi Shankar Prasad asked the young officers to become "thinkers" instead of just "officers" and help in the country's drive towards innovation and technology led growth. He also asked the government officers to create patents and think of ways in which BharatNet can be taken to the last mile or how corprorates can be part of the Digital Village programme.
President Kovind suggests more social welfare spending by companies for orphans, disabled people
Under the Act, certain class of profitable companies are required to shell out at least two per cent of their three-year average annual net profit towards CSR activities in a particular financial year.
View: Individual social responsibility, not corporate social responsibility, must be the mantra
The fear that capitalism might be failing forced 180 CEOs of the largest corporations in America to unveil last month a new statement of purpose.
53% of top Indian companies have a male to female employee ratio of 10:1 or worse, study claims
A total of 103 companies have actually reported a reduction in the number of women employees, the study added.
Will companies turn CSR into CIR?
Mandatory CSR spending essentially provides a nudge to companies to spend up to 2% of their profits on supporting research and innovation.
Govt-sponsored incubators eligible for CSR funds
Nirmala Sitharaman said that research funding in science, technology, engineering and medicine will be counted as part of mandatory CSR expenditure.
View: How mandated 'corporate social responsibility' can be wasteful
If a company just wants to create lots of jobs and pay taxes and dividends, don’t burden it with CSR duties.
View: Lowering of corporate-tax rate will widen tax net
The new rate will reduce cost of capital by repositioning India as one of the most competitive economies.
Married CEOs more likely to hire & promote women, show empathy towards colleagues
Firms led by married CEOs are associated with significantly higher scores on a CSR index.
India Inc gradually finds a purpose beyond profit
Corporates such as Tata Steel, M&M see community as key stakeholder in enterprises; more cos taking interest in fulfilling societal obligations
Cash CSR donations face GST implications
Tax liability arises as legal definition of charitable activities is very specific
Five key takeaways from FM Nirmala Sitharaman's plan to revive Indian economy
FM Sitharaman said reform is a continuous process for the government and it tops the agenda.
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