CA Dheeraj Malu’s Post

SEBI seeks changes to CSR rules to include donations via SSE SEBI has proposed amendments to the Corporate Social Responsibility (CSR) rules under the Companies Act, 2013, to include donations made through Social Stock Exchanges (SSEs) as part of eligible CSR activities. The proposed amendments aim to allow companies to fulfill their CSR activities by donating through SSEs thereby facilitating funding for non-profit organizations registered on SSEs, potentially enhancing their ability to secure resources for social welfare initiatives. Currently, companies can donate to non-profit organisations outside of SSEs under their CSR activities. They cannot, however, fund non-profit organisations through SSEs to fulfil their CSR mandate. SEBI's initiative reflects a progressive approach towards integrating financial markets with social impact investments, fostering a more structured and transparent method for companies to engage in social welfare activities. #SEBI #CSR #SSE #CorporateLaw #SEBI #SecuritiesMarket #CentralGovernment #ICSI #ICAI #ICMAI #CSVasudevaRaoDevaki

The charity sector is poised for significant change alongside the new Labour government - but how so? We can anticipate a renewed focus on social welfare, community support, and tackling inequality, which may bring increased funding opportunities for charities working in these areas. However, with potential shifts in policy, charities will need to ensure these align with new priorities while advocating for the causes that matter most to their communities. It's certainly an exciting time, but also one that requires strategic adaptation from the sector to make the most of the evolving landscape. Thoughts?👇

26% of charities and social enterprises are not paying all staff a Real Living Wage Organisations recognise that their progress in relation to offering staff a fair reward through pay and benefits lags behind other elements of staff experience. Indeed, 26% of organisations told us that they were not paying all staff a Real Living Wage (with several mentioning budget constraints). Some try to make up for it in other ways. “Some of the things we would like to do are not within our gift to control due to limited funding.” (c.£5m income charity) “After years of economic decline, a lack of funding in our sector has stifled how much staff can be remunerated through salary. However, staff well-being and happiness is paramount to the organisation.” (c.£22m income charity) Download the full ESG report here: https://lnkd.in/e2x99GDa #ESGforcharities #CharityESG #EnvironmentSocialGovernance #CharityEDI #ESG #ESGInvesting #netzero #climatechange #csr #sustainablefinance @ACEVO

The Public Benefits Organisation (PBO) Act introduces a new legal and regulatory framework for non-profit organizations engaged in public benefit work in Kenya. Under this Act, a structured environment is established for the voluntary grouping of individuals and organizations, whether they operate locally, nationally, or internationally. #kcdfimpactingcommunities All followers

We in the Not-For-Profit sector know it is tough out there for many of our supporters as we struggle with the cost of living issues. For those with capacity, it might be a time to give a little more where we can. This article reflects the pressure we all feel.

SECTION 8 COMPPANY OR NGO OR NON PROFIT ORGANISATION Section 8 Company in Companies Act, 2013, which pertains to a established 'for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object', provided the profits, if any, or other income is applied for promoting only the objects of the company and no dividend is paid to its members. Therefore, Section 8 Company is a company registered under the Companies Act, 2013 for charitable or not-for-profit purposes section 8 Company is registered under the Central Government's Ministry of Corporate Affairs. Trusts and Societies are registered under State Government regulations. A section 8 company has various advantages when compared to Trust or Society like improved recognition and better legal standing. Section 8 company also has higher credibility amongst donors, Government departments and other stakeholders.

Register Your Section 8 Company with TrueRaiser Looking to start a non-profit organization or promote a social cause? Registering a Section 8 Company is the best choice for charitable, educational, or social welfare activities. Let TrueRaiser guide you through the process efficiently! What is a Section 8 Company? A company formed with the objective of promoting charity, education, science, or social welfare. Operates as a non-profit organization with tax exemptions. Benefits of Section 8 Company Registration Tax Benefits: Avail exemptions under various sections of the Income Tax Act. Credibility: Gain trust from donors and supporters. Separate Legal Entity: Protect your personal assets. Ease of Compliance: Comparatively less stringent than other company types. Why Choose TrueRaiser? Expert Guidance: From documentation to approval, we simplify it all. Affordable Pricing: Get premium services at competitive rates. Dedicated Support: Our team ensures a hassle-free experience. Steps for Section 8 Registration with TrueRaiser Submit your documents. We handle the preparation and filing. Receive your Certificate of Incorporation hassle-free. Get Started Today! Empower your social mission with a Section 8 Company. Visit www.trueraiser.com and make the process seamless with TrueRaiser! #Section8Company #NonProfitRegistration #TrueRaiser #SocialImpact #CharityWork #LegalSupport

#Almawaddah_association for Family Development contributed until the third quarter of 2024 to creating a deeper impact for more than 59 thousand beneficiaries through more than 101 thousand services through its various development initiatives. In terms of institutional performance, Almawaddah achieved 100% in applying governance standards, with an average operational performance of 91% and a stakeholder satisfaction rate of 92%, while the response rate through the Guest Care Center reached 88%. In terms of financial performance, the percentage of expenses on charitable and development programs and projects reached 91.40%, while general and administrative operating expenses reached 8.60%, and the percentage of social investment return to total revenues reached 2%.

At OLIVARES, we believe in making a real difference in our community. As a Socially Responsible Company, we actively support Civil Society in their projects. We aim to better understand the work they carry out so we can collaborate more effectively. We strive to make a positive impact on the wider community. We believe that our responsibility, as legal professionals, extends to using our skills and resources to benefit society at large. We regularly partner with local non-profit organizations and charities to support various causes, such as education, healthcare, and social welfare initiatives. Through volunteer efforts, donations, and sponsorships, we aim to create lasting, meaningful change and contribute to the overall well-being of the communities we serve. We firmly believe in the power of collaboration and social responsibility to build a better world. Let's work together to build a better future for all: https://lnkd.in/eTNGG5pJ #OLIVARES #OLIVARESLaw #ESR #CommunityEngagement #CorporateSocialResponsibility #Mexico

Non-profit organisation’ is an umbrella term used to describe independent entities that are established for purposes other than generating profit. ‘Non-profit organisation’ is an umbrella term used to describe independent entities that are established for purposes other than generating profit. These types of organisations typically take on missions that tackle social, economic, and environmental challenges, and may range from community-based organisations to large international operations. Check out the types of non-organizations in Kenya listed below. #CMSME #NGO #AdvisoryServices #VirtualLegalAssistant #Trusts