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 …
Bajaj wants govt to clarify on tax exemption on CSR spending Read More »
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 …
Leverage CSR to address developmental challenges: President Read More »
Indian Institute of Corporate Affairs (IICA) and National Skill Development Corporation (NSDC) will join hands to set up collaboration on skills and in areas of Corporate Social Responsibility (CSR). Manish Kumar, Managing Director and CEO, NSDC, while on an invited visited to the IICA yesterday, mentioned the “areas of synergy” and “common grounds” that both …
IICA, NSDC To Forge Collaboration On Skills And CSR Read More »
Oil Marketing Companies operating in Jammu and Kashmir have been asked to carryout CSR spending for infrastructure development of Tulip Garden. A PIB handout on Saturday said that these instructions were passed after GoI Minister of State Petroleum and Natural Gas, Dharmendra Pradhan met the Chief Minister, Jammu and Kashmir, Mehbooba Mufti in Srinagar to …
Oil Companies asked to spend CSR on Tulip garden Read More »
Social responsibility is not a new concept in India. Wealthy merchants shared a part of their wealth with the poor in the pre-industrialisation era. Prodded by Mahatma Gandhi’s notion of ‘trusteeship’, they set up charitable trusts for the benefit of the common man during the Independence movement. Post-Independence, the government encouraged charitable trusts by …
