Corporate Social Responsibility under Companies Act 2013
Corporate Social Responsibility Companies Act 2013 Applicability: For Companies whose: Net-worth exceeds Rs. 500 Cr OR Turnover exceeds Rs. 1000 Cr OR Net Profit exceeds Rs. 5 Cr. The Company shall spend minimum 2% of its average net profit during a block of three years. Net profit means Profit before tax. CSR Committee: A CSR … Read more