CSR Digest- June 2021
We need to make CSR
actionable agenda:
Union Minister Anurag Singh Thakur
We need to make CSR an actionable agenda. CSR is dynamic, scalable and sustainable and we should also look at the impact of CSR. There should be a report on what impact we have actually created
Companies grow conscious, 4 out of 5 Nifty firms make ESG compliance data public
As responsible investing is gathering pace in India alongside the global wave, companies have started building environmental, social and governance (ESG) compliance into their operations.
CSR Ammendment Act - FAQs by ICSI
The Ministry of Corporate Affairs (MCA) on 22nd January, 2021 notified the Companies (Corporate Social Responsibility Policy) Amendment Rules,2021.The said amendments have introduced significant changes in carrying out the CSR activities by India Inc. With a view to guide the members the FAQs have been framed by ICSI to aid the stakeholders in understanding the new concepts and substantial changes introduced in CSR
CSR spends on Covid may land Companies in Tax Tangle
Companies rising their corporate social responsibility (CSR) spend through the second wave of the Covid pandemic are set to face items and companies’ tax (GST) issues round enter tax credit on value incurred or items bought and provided freed from value below CSR
CSR: Measuring and managing our impact on people and the planet
Companies are spending more than the prescribed amount in CSR activities especially during the covid-19 times. But some of the looming questions to be answered the companies. are businesses really making an impact on the beneficiaries?
Charity the Buddha way
Are CSR norms being followed just as ‘compliance burden’? Are CSR norms being adhered to out of fear of law? Is CSR activity being projected for publicity and gimmick? Is CSR activity being carried with a sense of vanity or superiority?
Covid pandemic: Understanding Corporate Social Responsibility and what the government allows
Understanding Corporate Social Responsibility and what the government allows- The New Indian Express] This article tried to detail Covid19 related expenses that qualify as CSR spend under the Indian corporate law.This is an attempt to shed some light and offer clarifications
Inside the reshaping of CSR in India during Covid-19
India finds itself in the midst of the second wave of the Covid-19 pandemic. Corporates in India are trying to strike a balance between taking stock of emerging health care requirements and their traditional social focus areas
