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Category Archives: CSR
Proposed Changes in CSR Rules
A detailed note has been prepared on proposed changes in CSR Rules, highliting all the changes you may go through the same. You may read it here. Considering Trusts and Societies are no longer allowed to receive CSR Funds, it … Continue reading
Posted in CSR
4 Comments
Changes in CSR effectively rule out ‘Societies’ & ‘Trusts’ from accessing CSR funds
Changes in CSR effectively rule out ‘Societies’ & ‘Trusts’ from accessing CSR funds Another blow to the Non-Profit Sector by the Govt. Ministry of Corporate Affairs has brought out draft rules for changes in CSR rules. The proposed rules now … Continue reading
Posted in CSR
15 Comments
How CSR Defines Normal Course of Business?
Dear Members Greetings for the day! May I invite comments on the clause for CSR ACTIVITIES as per CSR Rules 2014 para 4(1) under Sec 135 of the Companies Act, 2013, “The CSR activities shall be undertaken by the company, … Continue reading
Posted in CSR
2 Comments
CSR Literature
Dear Members, Greetings..!! Can you suggest me any article/sample audit/annual report explaining the 1) CSR Budgeting 2) CSR Financial Expenditure when an Implementing Agency is involved in CSR Policy. PS: Please suggest at earliest. I am aware of 2% expenditure … Continue reading
Posted in CSR
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Impact of changes in Definition of CSR Companies
Dear Members, In terms of the recent amendment to FCRA under the Finance Act, 2016, Indian companies with more than 50% foreign shareholding will no more be considered a foreign source under the FCRA provided that the the nominal value … Continue reading
Posted in CSR
3 Comments
Backward Integration – Is it really CSR?
Dear All, Over a million hectare of Tribal lands are in virtual occupation of ITC in Andhra Pradesh, Telangana and elsewhere. They are doing this under CSR ? This backward integration is part of business and is being pushed under … Continue reading
Feedback Report of Workshop – Responsible CSO Boards of the Future
Feedback Report of Workshop Responsible CSO Boards of the Future [Saturday, 19th March 2016, India International Centre (Annexe), New Delhi – 110003] Dear Friends with a special Hello to all the Participants who attended the workshop. We thank all the … Continue reading
Posted in CSR
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Does CSR comes under RTI Act?
Dear Sir, Good Morning. Does CSR comes under RTI Act ? Regards Sanjay Kishore Vaishnav Accounts Officer Ambuja Cement Foundation Opposite Railway Station, Marwar Mundwa – 341026 District – Nagaur (Rajasthan)
Posted in CSR
2 Comments
Does the allocated fund to CSR lapses in case the organization could not spend in the year.
Dear Members, Does the allocated fund to CSR lapses in case the organization could not spend in the year. If no than, can it be used for next year. Under which Government order this is clarified? Looking forward to your … Continue reading
Is Repair and renovation of house allotted to an senior employee from CSR fund valid?
Dear Sir, Is Repair and renovation of house allotted to an senior employee from CSR fund valid ? Should we treat it as CSR project cost or to be treated as Admin Cost of that particular CSR donor. As per … Continue reading