Posts by Anita Whitehead
Proposed NGO Regulations in China and India (06.24.15 )
By Anita Whitehead, Managing Director, and Tim Stiles, Partner, KPMG LLP International grants, domestic funding and impact investments are vital for the strengthening of civil society. Yet, an increasing number of countries are drafting legislation that imposes greater scrutiny on non-governmental organizations (NGOs). This update focuses on two of those countries, China, and India.
Updated Understanding of the India Companies Act (03.03.15 )
By Anita Whitehead, Managing Director, KPMG LLP On April 1, 2014, the India Companies Act went into effect, including requirements for corporate social responsibility (CSR) contributions in the country. For a while, several questions regarding what constituted a CSR activity remained, but clarifications have been released. Here, we consider developments since the initiation of the […]
The India Companies Act 2013: What You Should Know (07.25.14 )
By Anita Whitehead, Managing Director, KPMG LLP The India Companies Act 2013 requires companies to spend 2 percent of profits stemming from their Indian businesses on corporate social responsibility (CSR) activities in India. It also requires companies to establish a board-approved CSR policy and a board-level CSR committee. However, a number of questions remain about […]