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Title: The gaps in implemeting CSR in India
Authors: Lahiri, Amit
Keywords: Corporate Social Responsbility
Companies Act, 2013
Issue Date: 19-Jul-2018
Publisher: The CSR Journal
Citation: Lahiri, A. (July 19, 2018) The gaps in implemeting CSR in India. The CSR Journal
Description: India is one of the only countries in the world to regulate Corporate Social Responsbility (CSR) under the Companies Act, 2013. The law provides a framework to address various developmental challenges. Specifically, 11 areas are listed as eligible developmental activities where a company can spend its CSR money. Companies with a net worth of INR 500 crore or more, or a turnover of INR 1,000 crore or more or a net profit of INR 5 crore or more are required to spend 2% of their average net profit from the last three years towards CSR activities listed in Schedule VII of the Act.
Appears in Collections:JGU Publications: Popular Articles, Literary items, Opinions, Reviews etc.

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