18.FEB.2013How the Indian Companies Bill could transform CSR in India
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The Indian Companies Bill 2012 (en route to becoming an Act) requires companies worth ?500 Crore (or just over $9M) to spend at least 2% of their average net profits on Corporate Social Responsibility (CSR), or report on the reasons why not. This is creating quite a buzz amongst businesses in India, and a lot of questions too.
Pic courtesy of mckaysavage via Flickr (CC)
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