Corporate Social Responsibility Current Affairs, GK & News
Corporate Social Responsibility is a self-regulatory mechanism which ensures its active compliance with the spirit of the law, international norms and ethical standards. United Nations Industrial Development Organization defined it as the responsiveness of businesses to stakeholders’ legal, social, ethical and environmental expectations. According to UNIDO, it is a management concept where companies integrate environmental ....Read More
On September 23, 2020, Parliament passed the Taxation and other laws (Relaxation and Amendment of certain provisions) bill, 2020. It replaces an ordinance and will make few changes to direct and indirect tax laws. It was cleared in Rajya Sabha through voice vote. The bill was passed in Lok Sabha earlier. Key Features The bill ..
Major Technological Company Facebook launched its Corporate Social Responsibility (CSR) initiative called ‘Pragati’ in India. The initiative which aims to boost women entrepreneurship in India, is powered by N/Core (The/Nudge Centre for Social Innovation). The project will incubate and accelerate early-stage women-led non-profit units that work on women entrepreneurship. The initiative will award four financial ..
Information Technology firm Wipro has partnered with IT body NASSCOM (National Association of Software and Services Companies) to launch a skilling platform called ‘Future Skills’ for new age technologies such as Artificial Intelligence (AI), Internet of Things (IoT) that will reach 10,000 students from over 20 engineering colleges in India. About ‘Future Skills’ Platform The ..
Category: Science & Technology Current Affairs
The Union Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur in a written reply to Rajya Sabha on Tuesday, 10th December 2019 informed that the Educational sector has received the maximum Corporate social responsibility(CSR) spent during the financial years from 2014-15 to 2017-18. A grand total of Rs 15,742.33 crores have been ..
Category: Reports & Indexes Current Affairs
Topics: Anurag Singh Thakur • Companies Act 2013 • Corporate Social Responsibility • educational sector • Ministry of Corporate Affairs • Rajya Sabha • Schedule VII • Union Minister of State for Finance and Corporate Affairs
To improve the grim economic situations in India, the Indian finance ministry has announced several measures to arrest the economic downturn in India and promote a healthy investor scenario in India. These measures were announced the Finance Minister of India, Mrs. Nirmala Sitharaman in a press conference. Which measures were announced by the Finance Minister? ..
High Level Committee (HLC) on Corporate Social Responsibility (CSR) constituted by Ministry of Corporate Affairs recommended making CSR expenditure tax deductible and to make compliance violations as a civil offence that attracts penalties. Corporate Affairs Secretary Injeti Srinivas presented the Report of the High Level Committee on CSR to Union Finance Minister Nirmala Sitharaman. High ..
Category: Economy & Banking Current Affairs - 2022
Topics: civil offence • Corporate Social Responsibility • CSR exchange portal • CSR expenditure • High-Level Committee • Report of the High Level Committee on CSR • tax deductible • Union Finance Minister • Union Ministry of Corporate Affairs