Way cleared for parties to receive donations from firms classified as foreign companies. A discreet move to amend the Foreign Contribution Regulation Act (FCRA), 2010 through the Finance Bill that has gone unnoticed appears to have a twin purpose — unlock an estimated Rs. 10,000 crore that corporates want to spend on corporate social responsibility …
On 1 April, Corporate Social Responsibility (CSR) Rules complete two years of existence. The two years have been a learning curve for all stakeholders. They have also seen an ever-increasing number of claims being made to funds available under the head. Given the level of interest, one would think that the corpus available under CSR …
Majority of corporates expect to spend more on social welfare activities in the next financial year as CSR increasingly becomes part of strategic decision making process, says a survey. However, the survey by industry body Ficci also revealed that companies find lack of clarity on laws and tax related regulations along with some other factors …
Most companies see higher CSR spending next fiscal, says survey Read More »
It’s been said so often over the past several years, that it’s starting to feel cliché. But I’ll say it again. “The world of corporate social responsibility (CSR) is changing.” We often look at how this is happening, but today let’s start by looking at why.
Corporate Social Responsibility (CSR) evolved from philanthropy. One of its present definitions describes it as the concept of voluntarily integrating social and environmental concerns into business operations, but this is not to say that CSR is philanthropy.
