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SP chief Akhilesh Yadav slams BJP over LPG price hike, terms it 'gift of...
While LPG rates were last revised on October 6, 2021, petrol and diesel prices had been on a freeze since November 4 as five states including Uttar Pradesh and Punjab went to polls. LPG prices had gone...
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Travel in bus once a week, submit feedback: Delhi govt to Group A, B officers...
One of the 150 new electric buses, inducted in DTC's fleet on Tuesday, broke down owing to increase in the vehicle's temperature beyond the specified limit, hours after being flagged off from the...
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Finance Ministry issues draft SoP for e-commerce jewellery exports through...
The Central Board of Indirect Taxes and Customs (CBIC) has invited feedback and suggestions from stakeholders by June 14 on the Standard Operating Procedure (SoP) for implementation of a simplified...
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Indian businesses need to stop looking for China fix: S Jaishankar
Indian External Affairs Minister S Jaishankar has called on Indian businesses to stop seeking a China solution while highlighting the strategic importance of the Make in India programme in boosting the...
View ArticleRelief material can count as part of companies 2 per cent CSR spend
A number of power, cement, food processing, agricultural and pharmaceutical companies have operations in the hill states that are regularly hit by floods.
View ArticleGovt makes changes to CSR spending norms under the new companies law
The government has made changes to the norms governing expenses on Corporate Social Responsibility (CSR) activities under the new companies law.
View ArticlePM Modi-led govt plans to penalise CSR defaulters under Companies Act 2013
At present, non-compliance of CSR rule isn't penalized by the Companies Law, and those unable to spend can get away with some justification.
View ArticleLaw provides well drafted structure for CSR: Nirmala Sitharaman
In a first of its kind, certain class of companies are required to shell out at least 2 % of their three-year annual average net profit towards CSR.
View ArticleMoney spent on Swachh Bharat, Clean Ganga comes under CSR ambit
Making amendments to the Companies Act, the Corporate Affairs Ministry has said that contributions to 'Swachh Bharat Kosh' and 'Clean Ganga Fund' would come under CSR framework.
View ArticleNo specific tax exemption for companies' CSR expenses: Govt
The new cos law, requires certain class of profitable corporates to shell out at least 2 per cent of their three-year annual average net profit towards CSR works.
View ArticleSuresh Prabhu seeks investment under CSR for improving passenger amenities
Railway Minister Suresh Prabhu today sought investment from business houses under Corporate Social Responsibility (CSR) to improve the passenger amenities being provided by the national transporter.
View ArticleCompanies Act amendment allows use of CSR funds in startups
An amendment made in the Companies Act allowing CSR contributions to incubators, is providing legs to for-profit ventures working with social objectives.
View ArticlePanel on corporate social responsibility assessment to submit report next month
Officials said the panel is likely to recommend setting up of a CSR data analysis platform that will take into consideration details such as funds utilised.
View ArticleEconomic Times CSR Compendium: Ministers urge India Inc to help NGO efforts
Suresh Prabhu said that if the management of India Inc and commitment of social activists were pooled, it could truly transform the social sector of the country.
View ArticleGovernment appointed CSR panel gets more time to submit report
The Corporate Affairs Ministry said the "committee has been granted extension of another one month with the approval of the Union Minister".
View ArticleCSR spends: Government expects data collation by year-end
Central govt expects to collate the data on corporates' CSR spending activities under the new companies law by end of this year.
View ArticleHigh level panel suggests uniform tax treatment for CSR works
A high level committee has recommended leniency for companies not complying with Corporate Social Responsibility provisions of Companies Act 2013.
View ArticleCompanies Act amendments likely for clarity on CSR norms
A government-appointed high level panel recently submitted recommendations on CSR norms to the Corporate Affairs Ministry, which is implementing the Act.
View ArticlePM Narendra Modi to have dinner meeting with Council of Ministers tomorrow
Modi has invited members of his entire Council of Ministers for a dinner meeting tomorrow, an occasion he could utilise to review the work done by various ministries and departments.
View ArticleGovernment plans to sell its books directly via Amazon, Flipkart
The process is likely to start with the annual ‘India’ compendium followed by another 150 books. It also plans to start selling digital versions at a 25% discount.
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