Page 6 - Csr

How social impact companies may help tap impact investment funds

The high-level committee on CSR recently released a report that recommended the creation of a new class of companies called social impact companies (SICs) under the CSR framework

Those in power must empathise

Apart from the hardware of macro-economic policy, officials in power must implement a software solution of listen, listen and listen

Criminal offences in Companies Act to be slashed, govt mulls 65 changes

The offences punishable with imprisonment, a fine, or both are compoundable, and offences punishable with imprisonment and a fine are non-compoundable

New CSR levy: A quasi tax

The approach to push companies, which do not see a business case for CSR, to invest in CSR activities is against the spirit of CSR

CSR law flawed, India needs inclusive growth: US professor Aneel Karnani

There is no attempt by the government nor the press to even attempt to measure the outcomes

Letter to BS: CSR committee wants non-compliance a civil offence

Replacing criminal responsibility with civil ones will ensure there is greater willingness from corporates to achieve a social objective

Power to issue directions just grew

This power can be intoxicating. It can give any regulator a serious high

Govt to review CSR criminal penal provisions: FM Nirmala Sitharaman

Less than 1% of large corporates pays corporation tax at 30%, with the rest at 25%

Criminal proceedings for economic offences sets a bad precedent: Experts

Companies Act amendment to include penal provisions for CSR violations is seen as part of a larger trend of criminalising economic offences rather than going for civil proceedings

An unnecessary law

Jail term for CSR law violation is a retrograde step

BPCL Jobs 2019: Apply for CSR professional, Chemist Trainee and other posts

Last date to apply for Chemist Trainee/General Workman-B (Trainee) - Petrochemical positions is August 5, 2019

India Inc worried over three-year jail provision for violation of CSR norms

According to new CSR norms, a company has to earmark a part of its profit towards social activities and transfer all unspent amount into an escrow account (if it is an ongoing project)

Bill to fine firms over corporate social responsibility tabled in Lok Sabha

The Bill also seeks to empower the Centre to debar directors responsible for mismanagement for five years after approval from NCLT

Govt likely to water down conditions for prosecution under CSR rules

The move to dilute prosecution norms could be viewed distinctly from the govt's efforts to tighten the screws on CSR

Companies CSR expenditure rises 47% in 4 years to FY18, says survey

The cumulative expenditure by top 100 companies from 201415 to 201718 is about Rs 263.85 billion

Letter to BS: Flaws inherent in the CSR law becoming apparent

If the law permits CSR money to go to build a statue and not benefit the common man, then there is need to change the law

Listed companies' CSR spend tops Rs 100 billion in FY18, says report

An analysis of figures from PRIME Database showed education topped the list of spends by category

How serious is the problem of non-compliance of the CSR provisions?

Experts said impact measurement of the projects should be made mandatory

Govt issues notices to 272 firms for non-compliance with CSR norms

Under the Companies Act, 2013, certain class of entities is required to spend at least 2 per cent of their three-year average net profit towards CSR activities

CSR: Companies spend Rs 47.19 bn in first eight months of this fiscal

Out of that amount, Rs 33.93 billion was spent by private sector companies while Rs 1,325.83 crore came from public sector undertakings