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TMI BlogLow Ranking of Indian Corporate in Global Philanthropy IndexX X X X Extracts X X X X X X X X Extracts X X X X ..... Low Ranking of Indian Corporate in Global Philanthropy Index - News and Press Release Dated:- 16-12-2014 - News - The Corporate Social Responsibility (CSR) provisions of the Companies Act 2013 , and the rules made thereunder came into force from 01.04.2014. This is the first year of implementation of CSR by companies under the Act. Details of funds spent under CSR would be available only afte ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r the mandatory disclosures of CSR expenditure are made by companies, which would be due after September, 2015. It may be prudent to not speculate on the quantum of CSR expenditure at this stage. Swach Bharat Abhiyan and Clean Ganga Mission have been included as CSR activities under Schedule VII of the Companies Act, 2013 from 24th October, 2014. The Global Philanthropy Index, deve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... loped by the Centre for Global Prosperity, Hudson Institute, Washington D.C., measures the magnitude of development assistance, by way of government aid and private giving, from developed countries and emerging market economies to the developing world. The Index, as such, does not come under the purview of the Companies Act and its CSR provision, which prescribes CSR expenditure to be incurred ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on eligible activities within India. This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in a written reply to a question in the Rajya Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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