{"id":1473,"date":"2017-07-13T07:44:21","date_gmt":"2017-07-13T07:44:21","guid":{"rendered":"http:\/\/www.dbmindia.org\/?p=1473"},"modified":"2017-07-13T07:47:13","modified_gmt":"2017-07-13T07:47:13","slug":"tiss-empanelment","status":"publish","type":"post","link":"https:\/\/www.dbmindia.org\/web\/2017\/07\/13\/tiss-empanelment\/","title":{"rendered":"DBM Gets Empaneled with Tata Institute of Social Sciences"},"content":{"rendered":"<p>In August 2013, the Indian parliament passed the Indian Companies Act, 2013 (the &#8220;New Act&#8221;), which has replaced the Companies Act of 1956.<br \/>\nOne of the New Act&#8217;s most startling changes\u2014which came into effect on April 1, 2014\u2014has been to impose compulsory corporate social responsibility\u00a0 obligations (&#8220;CSR&#8221;) upon Indian companies and foreign companies operating in India. These obligations mainly come in the form of mandatory amounts companies must contribute to remediating social problems<\/p>\n<h3>Entities Covered by the CSR Obligations<\/h3>\n<p>The threshold coverage levels for CSR are low.\u00a0 Companies are subject to the CSR requirements if they have, for any financial year:<\/p>\n<ul>\n<li>a net worth of at least Rs. 5 billion (approximately U.S.$80 million);<\/li>\n<li>a turnover of at least Rs. 10 billion (approximately U.S.$160 million); or<\/li>\n<li>net profits of at least Rs. 50 million (approximately U.S. [$800,000).<\/li>\n<\/ul>\n<p style=\"padding-left: 60px;\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1474 size-full\" src=\"http:\/\/www.dbmindia.org\/wp-content\/uploads\/2017\/07\/Screen-Shot-2017-07-13-at-1.12.41-PM.png\" alt=\"\" width=\"778\" height=\"481\" srcset=\"https:\/\/www.dbmindia.org\/web\/wp-content\/uploads\/2017\/07\/Screen-Shot-2017-07-13-at-1.12.41-PM.png 778w, https:\/\/www.dbmindia.org\/web\/wp-content\/uploads\/2017\/07\/Screen-Shot-2017-07-13-at-1.12.41-PM-300x185.png 300w, https:\/\/www.dbmindia.org\/web\/wp-content\/uploads\/2017\/07\/Screen-Shot-2017-07-13-at-1.12.41-PM-768x475.png 768w\" sizes=\"(max-width: 778px) 100vw, 778px\" \/><\/p>\n<p>Since the government has now made it mandatory to contribute towards CSR, it is also a wise step to get ourselves ready and equipped enough to receive the funds and donations. Keeping this in mind we decided to get ourselves audited by the Tata Institute of Social Sciences and undergo strict scrutiny financially and operationally and also get our programs reviewed.<\/p>\n<p>As result we are now certified and empaneled under the `Emerging category\u00b4. As a result companies both private and government can now be sure that we passed the litmus test and the required due diligence by the review committee.<\/p>\n<hr \/>\n<p><span style=\"color: #ff6600;\"><em>If you are a corporate agency looking to partner with a non profit organisation working in the education, youth empowerment and poverty alleviation sectors, kindly get in touch with us at dbmindia1@gmail.com<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In August 2013, the Indian parliament passed the Indian Companies Act, 2013 (the &#8220;New Act&#8221;), which has replaced the Companies Act of 1956. One of the New Act&#8217;s most startling changes\u2014which came into effect on April 1, 2014\u2014has been to impose compulsory corporate social responsibility\u00a0 obligations (&#8220;CSR&#8221;) upon Indian companies<\/p>\n<p><a class=\"sd-more sd-all-trans\" href=\"https:\/\/www.dbmindia.org\/web\/2017\/07\/13\/tiss-empanelment\/#more-1473\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":1475,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DBM Gets Empaneled with Tata Institute of Social Sciences - Dharma Bharathi Mission<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dbmindia.org\/web\/2017\/07\/13\/tiss-empanelment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DBM Gets Empaneled with Tata Institute of Social Sciences - Dharma Bharathi Mission\" \/>\n<meta property=\"og:description\" content=\"In August 2013, the Indian parliament passed the Indian Companies Act, 2013 (the &#8220;New Act&#8221;), which has replaced the Companies Act of 1956. One of the New Act&#8217;s most startling changes\u2014which came into effect on April 1, 2014\u2014has been to impose compulsory corporate social responsibility\u00a0 obligations (&#8220;CSR&#8221;) upon Indian companiesRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.dbmindia.org\/web\/2017\/07\/13\/tiss-empanelment\/\" \/>\n<meta property=\"og:site_name\" content=\"Dharma Bharathi Mission\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DBMIndia\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-13T07:44:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-07-13T07:47:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.dbmindia.org\/web\/wp-content\/uploads\/2017\/07\/Screen-Shot-2017-07-13-at-1.12.21-PM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"850\" \/>\n\t<meta property=\"og:image:height\" content=\"426\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Saptarshi Baksi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DBMission\" \/>\n<meta name=\"twitter:site\" content=\"@DBMission\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Saptarshi Baksi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.dbmindia.org\/web\/#organization\",\"name\":\"DBM India\",\"url\":\"https:\/\/www.dbmindia.org\/web\/\",\"sameAs\":[\"https:\/\/www.youtube.com\/channel\/UCGinyj6ZBck9rxQ_KGLDU4g\",\"https:\/\/www.facebook.com\/DBMIndia\/\",\"https:\/\/twitter.com\/DBMission\"],\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.dbmindia.org\/web\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.dbmindia.org\/web\/wp-content\/uploads\/2017\/01\/Logobig.png\",\"contentUrl\":\"https:\/\/www.dbmindia.org\/web\/wp-content\/uploads\/2017\/01\/Logobig.png\",\"width\":300,\"height\":35,\"caption\":\"DBM India\"},\"image\":{\"@id\":\"https:\/\/www.dbmindia.org\/web\/#\/schema\/logo\/image\/\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.dbmindia.org\/web\/#website\",\"url\":\"https:\/\/www.dbmindia.org\/web\/\",\"name\":\"Dharma Bharathi Mission\",\"description\":\"Empowering the Young India\",\"publisher\":{\"@id\":\"https:\/\/www.dbmindia.org\/web\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.dbmindia.org\/web\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.dbmindia.org\/web\/2017\/07\/13\/tiss-empanelment\/#primaryimage\",\"url\":\"https:\/\/www.dbmindia.org\/web\/wp-content\/uploads\/2017\/07\/Screen-Shot-2017-07-13-at-1.12.21-PM.png\",\"contentUrl\":\"https:\/\/www.dbmindia.org\/web\/wp-content\/uploads\/2017\/07\/Screen-Shot-2017-07-13-at-1.12.21-PM.png\",\"width\":850,\"height\":426},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.dbmindia.org\/web\/2017\/07\/13\/tiss-empanelment\/\",\"url\":\"https:\/\/www.dbmindia.org\/web\/2017\/07\/13\/tiss-empanelment\/\",\"name\":\"DBM Gets Empaneled with Tata Institute of Social Sciences - 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