Companies eye socially responsible outcomes in India

2018-12-03T13:15:29+00:00March 15th, 2017|2018/2017, Flagship Scheme, India Investment Journal January Edition, India Investment Journal March Edition, Policy India, Year|

The average spending on corporate social responsibility (CSR) by companies in India went up 29 basis points to 1.64 per cent last year, edging closer to the government mandate of 2 per cent. The overall expenditure among companies in India on CSR activity registered a significant increase of 22 per cent, latest analysis by ratings agency CRISIL has revealed. The bulk of the CSR money went into education, skills development, healthcare and sanitation initiatives. India’s Companies Act 2013 encourages corporates [...]

Now, for the next steps towards GST

2020-03-12T08:13:45+00:00September 15th, 2016|2016, India Investment Journal September Edition, Make in India, Year|

The GST is still several crucial steps away from reality but the Modi government is moving methodically for its rollout from April 1 next year. On September 1, 2016 Odisha became the 16th state to ratify the Constitutional Amendment Bill that will pave the way for the passage of the Goods and Service Tax (GST) Bill, thus, fulfilling the constitutional requirement of at least half of India’s 29 states approving the bill. The President has, since, signed the 122nd Constitutional [...]