India Inc worried over 3-yr jail for violating CSR norms

Looters wanna loot.

New Delhi, August 1

Buffeted by poor results and a weakening economy, corporate India is further perturbed over the recent amendments to the Companies Act, which now stipulate a jail term of three years for those firms that fail to adhere to the norms for compulsory spending on corporate social responsibility (CSR)”.

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