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CSR : ACCOUNTING & DISCLOSURE

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    What is CSR ? Corporate Social Responsibility (CSR) is a business approach companies follow to make a social impact and focus beyond profits. Its main purpose is to enhance the company’s image, earn customer loyalty and generate more sales. It also benefits society and the environment as businesses work for the collective good.  CSR is a concept whereby companies not only to consider their profitability and growth, but also interests of society and the environment by taking responsibility for the impact of their activities on the society, environment and communities in which they operate.      CSR DEFINITION ¢ “ A company’s obligation to all of its stakeholders across all of its activities with the aim of achieving      sustainable development in the economic , social and environment dimensions .” ¢ Activities undertaken by a company to meet statutory obligation laid down u/s 135; ¢ Exclusion: - • Activities in pursu...
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Benefits of MSME Registration(Udyam Registration)

 With an increased focus to rehabilitate the MSME Sector which is considered as backbone of Indian economy, Indian government has substantially increase the benefits for MSME industries. Below mentioned is the criteria of registration for MSME industries:-   In terms of numbers, micro, small and medium enterprises contribute a staggering 30% to the country’s GDP , and around 45% of the manufacturing output, and approximately 48% of the country’s exports. It is due to this very fact that they’re so crucial to our economic development and the reason why they’ve constantly been in the news ever since the pandemic struck in early 2020. However, as the pandemic subsides and the economy is slowly brought back to life, it presents a greater opportunity for business owners to get their MSME registrations done and avail a wide array of benefits. In order to help MSMEs, the government of India introduced the MSME (Amendment) Bill Of 2018 and re-emphasized on the MSME ACT of 2006. ...
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