Sunday, July 19, 2020

Corporate Social Responsibility

As per section 135 of the companies act, 2013, the CSR provision is applicable to companies which fulfills any of the following criteria during the any of the preceding financial year:-
  1. Companies having net worth of rupees 500 crore, or
  2. Companies having annual turnover of rupees 1000 crore, or
  3. Companies having net profit of rupees five crores or more.

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