Thursday, 28 February 2013
Budget Alert: Tech incubators get access to corporate CSR pool
Posted on 19:47 by Unknown
The funds provided to technology incubators located within academic institutions and approved by the Ministry of Science and Technology or Ministry of MSME will now qualify as CSR expenditure. The new Companies Bill obliges companies to spend 2% of average net profits under Corporate Social Responsibility (CSR).
Source: Startup Central
Venture Intelligence is the leading provider of
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment