The CSR provisions are covered under Section 135 and Schedule VII of the Companies Act, 2013. As per the provisions of this section, a Company having Net worth of · Rs.500 crore or more, or · Turnover of Rs.1000 crore or more or · net profit of Rs.5 crore or more in previous financial year, should: · Constitute a CSR Committee (consisting of 3 or more directors of which at least 1 is independent director) and · spend at least 2% of the average net profits of three immediately preceding years on CSR activities (companies which spend any amount in excess of their CSR obligation in a financial year can set off the excess amount towards their CSR obligations in subsequent financial years).
What is the insurance cover provided under the 'Pradhan Mantri Garib Kalyan Package: Insurance Scheme for Health Workers Fighting COVID-19'?
Which among the following are the characteristics of a budget?
Who is the Managing Director (MD) and Chief Executive Officer (CEO) of National Housing Bank (NHB)?
Which of the following RBI directions provides the legal authority for the issuance of the Master Direction on KYC?
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Which of the following is not one of the major economic challenges that posed threat to global growth, according to the Economic Survey of 2023?
Under the Pradhan Mantri Jan Dhan Yojna, a BSBD account can be opened in any bank branch or Business Correspondent (Bank Mitra) outlet, by persons not h...
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What is the correct sequence of the following functions of a manager in an organization?
1. Motivation
2. Controlling
3. Organ...
