truCSR

Author: CS Pradeep Kumar Parakh Executive Summary Non-Governmental Organizations (NGOs) in India play a pivotal role in driving social development. However, managing their administration, operations, and compliance is often complex due to the myriad of central and state-specific laws, regulations, and reporting requirements. This white paper explores strategies to streamline these aspects and provides an overview of the key legal and regulatory frameworks applicable to NGOs across various states in India. 1. The Need for Streamlined Administration and Compliance NGOs often face challenges such as: Navigating complex legal frameworks. Ensuring compliance with multiple central and state laws. Adapting to changing regulatory requirements. Managing financial transparency and accountability. Digitalization, capacity building, and professional management are essential to address these challenges. Streamlining operations ensures compliance, builds credibility, and enhances the...

  Author: CS Pradeep Kumar Parakh Introduction In today’s corporate landscape, Corporate Social Responsibility (CSR) has emerged as a critical component of business strategy, helping organizations contribute to societal development while enhancing their brand image. One such avenue that aligns with CSR goals is the Prime Minister’s Internship Scheme. The Prime Minister’s Internship Scheme (PMIS) represents a landmark initiative aimed at providing valuable work experience to the youth while fostering Corporate Social Responsibility (CSR) opportunities for businesses. Launched as a pilot project for the financial year 2024-25, this scheme is poised to offer 1.25 lakh internships in top companies, opening doors for CSR integration with real-world impact. What is the PM Internship Scheme? The Prime Minister’s Internship Scheme is an initiative designed to provide students and recent graduates with valuable work experience through structured internships across various sectors. The progr...