https://www.taxtmi.com/article/detailed?id=1119 Corporate Social Responsibility (CSR) is a strategic corporate mechanism positioned between mere legal compliance and pure philanthropy, requiring integrated actions that align business goals with stakeholder and community benefits. In India, CSR encompasses community initiatives, value-chain practices for disadvantaged stakeholders and advocacy for public policy change. A robust CSR policy must be board-approved, participatively framed, align with business objectives, specify vision and thrust areas, set measurable targets and timeframes, establish organisational responsibilities, and allocate and manage funds to ensure sustainable social impact. en-us Mon, 07 Feb 2011 10:34:42 +0530 Sat, 14 Sep 2013 23:03:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1119 Corporate Social Responsibility (CSR) is a strategic corporate mechanism positioned between mere legal compliance and pure philanthropy, requiring integrated actions that align business goals with stakeholder and community benefits. In India, CSR encompasses community initiatives, value-chain practices for disadvantaged stakeholders and advocacy for public policy change. A robust CSR policy must be board-approved, participatively framed, align with business objectives, specify vision and thrust areas, set measurable targets and timeframes, establish organisational responsibilities, and allocate and manage funds to ensure sustainable social impact. Articles Corporate Laws / IBC / SEBI Mon, 07 Feb 2011 10:34:42 +0530 https://www.taxtmi.com/article/detailed?id=1119