CSR Reporting

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HCL to announces corporate social responsibility grants

The HCL Foundation will announce grants of Rs 5 crore each in the fields of education, health and environment through pan-India symposia on “Corporate Social Responsibility (CSR) for Nation Building: The HCL Grant”. The HCL Foundation symposia are being held “to drive inclusive development models that are innovative, add equitable value and help NGOs gain …

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Bajaj wants govt to clarify on tax exemption on CSR spending

Bajaj Group patriarch Rahul Bajaj has asked the government to clarify whether the Indian firms spending two per cent of their profits on corporate social responsibility, as mandated by the new company law, should get tax exemption on it.   Citing the conflicts in the tax laws, the veteran industry leader said that when the …

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Leverage CSR to address developmental challenges: President

President Pranab Mukherjee has urged India Inc to leverage corporate social responsibility to address higher developmental challenges in India. He said that the country needs visionary business leaders to catalyse the growth process. “I would like to remind industry that just as much as the funds, the country also needs your ideas, energy and drive. I urge …

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