According to the new rules (made in Sept’22) of Companies (Corporate Social Responsibility Policy) Amendment Rules, 2022, the expenditure for social impact assessment included in CSR spending cannot exceed______ of total CSR expenditure for the relevant fiscal year or Rs. 50 lakh, whichever is greater.
Explanation: Provisions of the New CSR Rules i.According to the CSR rules, companies are required to establish a ‘CSR Committee’ to oversee the implementation of their CSR obligations if they have any funds in their “Unspent Corporate Social Responsibility Account.” ii.According to the new rules, expenditure for social impact assessment that can be included in CSR spending cannot exceed 2% of total CSR expenditure for the relevant fiscal year or Rs. 50 lakh, whichever is greater. • Prior to the amendment, the rules only permitted up to 5% of total CSR spending or Rs. 50 lakh, whichever is less.
Sale of a security that is not owned by the seller is called?
__________ is going to set up a branch office in the International Financial Services Centre, GIFT City, Gandhinagar, Gujarat that will enable the com...
The underlying asset of a derivative contract can be -
Match the following:
A) Merchant Banks P) For Foreign Exchange
B) Authorised Dealers (AD...
Match the following Five year Plans with their events
Five Year Plans Events ...
Which of the following statement/s is/are NOT correct about Limited Liability Partnership (LLP)?
i. LLP is a not a s...
Which among the following is/are the area(s) of operation regarding which complaints can be received by the Banking Ombudsman?
Which of the following reports is not released by the World Economic Forum?
Which is the first Indian company to be listed in NASDAQ?
Which of the following approach is not used for assessment of Operational Risk in Basel II?
i. Internal Rating ...