Companies mandating

Section 135 of the Companies Act, 2013, required to spend a minimum of 2% of their net profit over the preceding three years .The recent amendments among others has made mandatory for companies to keep unspent money into a special account and will be penalized for slip-ups in spending this quota.What are the benefits of CSR:  Corporate Social Responsibility links Corporate Sector to Social Sector  Promote Relationship: It enhances the “social quotient” of the company hence help in getting appeal for its product from people.Ex Lifeboy soap success story  It imparts an ethical, responsible character to company’s profile, helps it to justify its product, growth and create a distinct aura of company in public sphere.  Competitive advantage: Businesses that show how they are more socially responsible than their competitors tend to stand out. 1 towards social welfare gained appeal over other brands.

This in turn leads to socio-economic developmental activities.This appears to be a defect in the browser which should be addressed soon.The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. They have now become obligations that will add to the already stifling compliance burdens that companies face.The ethical dimension behind mandating charity are as follows- o Empowers the communities: ensuring accountability from the corporates for their consumption of resources shared by the communities.

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 Presence and involvement of company in CSR activity will provide a soft corner to it in government’s approval, preferences.

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