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No matter whether you own a start-up, small or large company, it is best to learn about Corporate Social Responsibility. Each company is a brand in the market and CSR activities provides a platform to elevate or uphold their reputation in public. In order to involve in CSR activities, it
In the present environment of competitive business, CSR programs require to go beyond merely doing well. The most successful initiatives and CSR implementation partners tend to tell the story of a company, feedback of a customer, position of the company as a leader on all kinds of social issues, etc.
CSR or Corporate Social Responsibility involves the contribution of corporates towards the development and improvement of society. According to the Companies Act 2013, corporates should make a contribution of around 2% off the net profit towards CSR. NGOs or Non-Government Organizations (that are not for profit organizations) can also get and use the funds for social/environment uplift activities. Companies having a net-worth of greater than rupees 500 crores have to make this contribution mandatorily.
