Description
Lexis Nexis Corporate Social Responsibility - Emerging Opportunities And Challenges In India by K S Ravichandran
Corporate Social Responsibility – Emerging Opportunities and Challenges in India analyses the various aspects and dimensions of CSR as a means for commercial enterprise to promote/achieve sustainable development. Thematically arranged, the book examines and explains the philosophy and objectives of CSR emphasizing its social and ethical base. With the enactment of section 135 of the Companies Act, 2013, this topic has become central to the strategic management of every organisation. The book deals with a number of complex issues involved in developing CSR strategies, policies and decision making. It will help directors who form part of the CSR Committees and in shaping an ideal CSR Policy. It comprehensively covers statutory and regulatory provisions along with relevant circulars and notifications with respect to CSR and also includes anticipated changes proposed under the Companies (Amendment) Bill, 2016. It will equip the senior management with knowledge and skills on how to integrate CSR into business strategy and operations.
Key Highlights:-
• Detailed study on permissible methods of CSR implementation directly and through external agencies, compliance requirements and monetary mechanisms
• Elaborately discusses tax perspective on CSR expenditure and contributions; advantages and exemptions provided under the Income-tax Act, 1961
• Comprehensively covers accounting aspects of CSR Expenditure
• Incorporates reference to the recommendations of the Company Law Committee and proposed changes in the Companies (Amendment) Bill, 2016
• Includes separate chapters on various CSR Vehicles such as Section 8 companies, Societies and Trusts
• Provides an elaborate account of the provisions of applicable law on amalgamation of trusts, societies and section 8 companies and their winding up
• Analyses the trend of CSR spending by top companies for the Financial Years 2014-15 and 2015-16
• Contains a quick reference table with industry experts’ responses to critical questions on CSR
• Provides Specimen Trust Deed and Model Memorandum and Articles of Association of “not for profit” companies