Cement Energy and Environment

- CORPORATE SOCIAL RESPONSIBILITY : GOVT RULES OUT COMPULSORY CSR POLICY FOR FIRMS The government on September 5, 2011 said it has not been made compulsory for all companies to have a policy for corporate social responsibility (CSR), unlike state-run firms. "The government hasn't made it compulsory for every company to have a policy for CSR. However, the department of public sector enterprises issued comprehensive CSR guidelines for central public sector enterprises in April 2010," said RPN Singh, Minister of state for corporate affairs in a written reply to the Rajya Sabha. According to the guidelines, state-owned companies have to mandatorily create, through a board resolution, a corporate social responsibility budget by allocating a specified percent– age of net profit of the previous year for the purpose. Singh also said that the Min– istry recently released a com– prehensive set of guidelines known as national voluntary guidelines on social, environ– mental and economic responsi– bilities of business. "The Ministry is undertaking projects, programmes and activities in collaboration with national and international organisations, chambers of business, professional institu– tions and others for generation of awareness on CSR related activities of Corporate sector," said Singh. The Ministry is also consid– ering making some necessary provisions in the Companies Bill 2009 on these issues. The Companies Bill 2009, introduced in Parliament in August 2009, is expected to be placed for consideration and passage in the winter session. Courtesy: The Hindustan Times, September 6, 2011, New Delhi . LATEST ADDITION TO CMA LIBRARY Publications Published/Upgraded by CMA • Basic Data on Cement Industry 2011 • Conference on Cement Concrete Pavements -jointly by CMA & ASSOCHAM (New Delhi - 201 0) Publications procured from Outside • Hotel & Restaurant Guide 2011 (by FH&RA) • Manorama Year Book 2011 (by Malaya Manorama) • Acceptance of 6thPay Commission 2011 (by Nathi's) • The Payment of Gratuity Act, 1972 with commentary details - amended upto May 2010 (Universal) • Bare Act with Short Notes - Gratuity Act, 1972- amended upto May 2010 (Universal) • Dealing with Climate Change- Seeing A Global Agenda for Mitigation and Adaptation- 2010 (R.K.Pachuri) • Legal Aspects of Carbon Trading - Kyoto, Copenhagen and beyond 2010 (by Freestone & Others) • The Global Cement Report- Ninth Edition- 2011 (International Cement Review) • Nomograms for Design and Operation of Cement Plants- 2011 (by S.P.Deolkar) • Economic Survey 2010 - 2011 (by MoF) • Central Budget for 2011-12 (by MoF) • Budget Notifications- Central Excise, Customs & Service Tax 2011 - 12 (by Pooja's) • Central Excise Tariff of India, 2011-12 (61 5 t Edn by R.K. Jain) • Central Custom Tariff of India, 2011-12 (50th Edn by R.K. Jain) • Central Excise Law Manual, 2011-12 (52nd Edn by R.K. Jain) • Central Customs Law Manual, 2011-12 (43'd Edn by R.K. Jain) • Cenvat Law & Practice, 2011 (24th Edn by Taxmans) • Service Tax- How to meet your obligations: Vol1 & 2 with Finance Bill 2011(30th Edn - S.S. Gupta) • Deduction of Tax at Source- with Advance Tax and Refunds (24th Edn. - 2011 by Taxman) • Income Tax Ready Reckoner -2011 - 12 (V.G. Mehta) • Income Tax Act, as amended by Finance Act 2011 (55th Edn. by Taxman) • Income Tax Rules 2011 (48th Edn. by Taxman) • Master Guide to Income Tax Act with commentary on Finance Act 2011 (21th Edn - Taxman) • Master Guide to Income Tax Rules - A Rule-wise commentary on Income Tax Rules 2011 (Taxman) • Directory of Central Govt. Officials - 2011 (29th Edn by DIB) • Directory of Diplomatic Missions & Consultants - 2011 (25th Edn by DIB) 41