Tag: CSR
Data on CSR expenditure by companies for FY 2014-15. Detailed analysis of CSR expendings by 7334 number of companies released by MCA Ministry of Corporate Affairs has released data of expenditure on Corporate Social Responsibilities by 7334 nos of companies for FY 2014-15 As per section 135 of …
CSR activities and Tobacco Industry-MCA Clarification. companies under CSR not to contravene any Law including Cigarettes, Tobacco Products Act (COTPA) 2003 MCA has issued clarification on CSR activities and Tobacco Industry. There is an inherent contradiction in corporate social responsibility and tobacco industry. COTPA aims to prohibit advertisement and regulation …
Trained CSR Professionals Demand Ministry of Corporate Affairs Press release dated 06/05/2016 The Indian Institute of Corporate Affairs (IICA), a body established under the Ministry of Corporate Affairs had launched a certificate programme for CSR in the year 2014, for preparing professionals for CSR through a nine months …
No proposal to mandate Corporates to set aside 30% of their CSR spending for Swachh Bharat Cess-MCA Ministry of Corporate Affairs-Press Release dated 03/05/2016 As per Union Budget 2016-2017, the estimated amount to be collected from Swachh Bharat Cess during the year 2016-17 is 10,000 crores. However, there …
The Institute of Cost Accountants of India REQUEST FOR COMMENTS 19th April 2016 Cost Accounting Standards Board (CASB), the standard-setting body of the Institute, has approved the release of Exposure Draft of Guidance Note on ‘Treatment of Costs Relating to Corporate Social Responsibility (CSR) Activities’ in its 82nd …
Eradicating hunger poverty & health care tops the CSR activities by Corporate Houses during FY 2014-15 Ministry of Corporate Affairs Press Release dated 15-03-2016 Corporate Social Responsibility (CSR) provision of the Companies Act, 2013 came into force from 1st April, 2014. The year 2014-15 was the first year …
Carry Forward of Unspent CSR Funds Balance to Next Year, Company is free to decide Ministry of Corporate Affairs Press Release 08-03-2016 Carry Forward of Unspent CSR Funds The Ministry of Corporate Affairs in its circular dated 12th January 2016, has clarified that, the Board of the Company is …
