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"Corporate responsibility law": India will require foreign and domestic companies with profits above $78m to dedicate at least 2% to charity.

"The corporate responsibility law — which applies to both foreign and domestic companies — requires that all firms that generate profits of about $78 million or more annually in the country spend at least 2 percent of those earnings on community development projects. If they don’t, and fail to give valid reasons for noncompliance, they could face fines or even imprisonment for top executives, officials say." -- Rama Lakshmi, the Washington Post


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