R Solutions

R Solutions

The corporate world realizes that earning goodwill is equally important as earning financial strength and acclaim of the balance sheet.  Apart from this, the Govt. of India has made it mandatory from 2014 for the following categories of big conglomerates to compulsorily put aside a part of their turnover for CSR related activities :

  • Net worth of Rupees 500 crore or more
  • Turnover of Rupees 1000 crore or more
  • Net profit of Rupees 5 crore or more during any financial year

 

With statutory compliances requiring companies fulfilling the above criteria to put aside at least 2% of its average net profit, it would be imperative that hard earned money is appreciated, put to good use and not wasted.

R Solutions suggests and aides such businesses as follows

  • Survey the market for most needy segments
  • Prepare action plan and flowchart of financial & actual project implementation
  • Suggest counter measures to fund leakage and mis-appropriation
  • Oversee actual project stages and submit MIS to the organization
  • Assist the beneficiaries in proper utilization of receipts
  • Submission of report on project completion
  • Preparation of renewal plan based on interactive input from various stake holders in entire CSR project phase
count = 1 0 1 2 3