Category : CSR

According to the ministry of corporate affairs, the expenses incurred in training and skills enhancement of employees can be counted as a company’s contribution towards corporate social responsibility (CSR), and can be included in CSR spends in the annual report. The provision has been

A recently released paper, Conceptual Issues Faced in Development of Cost Accounting Standards, released by Institute of Cost of Works Accountants of India (ICWAI) questions if expenses made towards corporate social responsibility (CSR) be included in the total costs of the company. The

‘One of the most important findings for India is the real gap in trust in businesses – which is quite high – and trust in government – which is quite low. The big change is the rise in trust in non-governmental organizations (NGOs),

‘To my organization, business associates, industry and to society at large, I pledge to ensure honesty & truthfulness, decency in advertising, non-exploitation of vulnerable sections of society especially children, fairness in competition. I commit myself to advertising with a conscience.’ About 240 industry

In the last couple of weeks, with Warren Buffet and Bill Gates visiting the country, Philanthropy has become a buzz word and millions of rupees have already been pledged towards social causes. The most recent announcement has come from drugmaker Piramal Healthcare. The

Thanks to two of the world’s richest men, corporate India is quite seriously talking about social responsibility, causes, development, philanthropy and sustainability. Indian businesses that are opposing the proposed mandatory spend towards corporate social responsibility are, quite interestingly, appreciating the ideas of Warren

“It is unlikely that the corporate affairs ministry will make corporate social responsibility (CSR) spends compulsory. The ministry is using “mandatory CSR spend” as a tool that gives the corporate affairs minister a power to negotiate with corporate groups,” a senior official close

Considering 2-5 per cent of net profits – several hundred crore of public money – is being spent on corporate social responsibility (CSR) by public sector undertakings (PSUs), there should be compulsory accountability of this money, opines Standing Conference of Public Enterprises (SCOPE).

‘As we are working for the transformation of India, many welfare schemes and infrastructure projects are being implemented under the public-private partnership model. This has meant that the administrator and the manager are working in partnership. Hence, businesses must incorporate social responsibility in

EdelGive Foundation, the philanthropic arm of Edelweiss Capital Ltd, recently announced the winners of the Third EdelGive Social Innovation Honours (ESIH). Following a four-stage evaluation process, five NGOs were chosen for their innovative work in the areas of health and well-being, education, livelihoods,