Perspectives

The Isos Blog

The CSR Tax

Posted by Ranjith R Menon on Nov 3, 2012
Sometime in the coming months the government will introduce the new Company Bill with the controversial provision asking companies to spent 2 per cent of their net profit on CSR (Corporate Social Responsibility).

Well I am not here to argue for it or against it. There are merits and demerits as in case for any such initiatives. The intermittent debates and opinions in the mainstream media has over the last few months since the proposal became public has predominantly panned the move.

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