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Headlines
20 Ways Nonprofit Leaders Can Support Younger Employees' Professional Development | Forbes, 16 apr 2024
Giving money to charity? Make sure you're not donating to the taxman too | IFA Magazine, 16 apr 2024
Volunteering: A Proven Way To Improve Employee Well-Being | Report Alert, 16 apr 2024
5 things I heard at the Skoll World Forum | Devex, 16 apr 2024
Sustainable communities through social entrepreneurship | The Manila Times, 16 apr 2024
The Connection Between Corporate Social Responsibility and Wellness | Corporate Wellness Magazine, 16 apr 2024
The charitable deduction is a complex, broken mess. There's a better way | Vox, 15 apr 2024
Lessons from the Field of Systems Change | HBS Social Enterprise Blog, 03 apr 2024
Inclusive Board Meetings | Stanford Social Innovation Review, 19 feb 2024
How nonprofits can build capabilities to catalyze impact | McKinsey, 05 feb 2024
July 2015
Mohammad Anas Wahaj | 15 jul 2015
There seems to be lack of commitment by companies regarding the Corporate Social Responsibility (CSR) rules, that came into effect from 01 April 2014, and were introduced in the new Companies Act of 2013. Only 1/3rd of the top listed companies, from the half of the BSE-30 that have disclosed their CSR spending figures for 2014-15, were able to spend the required, minimum 2% of the profits, on CSR activities in the first year. Those taking their CSR with the proactive approach include RIL, Wipro, ITC, Hindustan Unilever and Mahindra & Mahindra. And the corporates that missed the 2% spending mark include Infosys (marginally), HDFC Bank, ICICI Bank, Axis Bank, SBI, Dr. Reddy's and Bajaj Auto. The total amount spent by the 15 companies was a little more than Rs 2100 crore. The government in its efforts to improve monitoring of social welfare activities of companies under the companies law has set up a six-member panel and asked it to provide suggestions. According to the Ministry of Corporate Affairs website, members of the panel include - Anil Baijal, Former Secretary of Govt. of India; Prof. Deepak Nayyar, Jawaharlal Nehru University; Onkar S. Kanwar, Chairman & MD of Appollo Tyres; Kiran Karnik, Former President of NASSCOM; Secretary, Department of Public Enterprises; Additional Secretary, Ministry of Corporate Affairs. Read on...
The Economic Times:
CSR regime begins on disappointing note; two-third companies miss target
Author:
NA
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