As per the CSR provisions under Companies Act, a CSR committee is to be constituted by certain companies. This committee should consist of at least _____ directors of which at least _____ is/are independent director(s).
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)
The ‘ National Mission on Pilgrimage Rejuvenation and Spiritual Augmentation Drive ( PRASAD)’ was launched in which year?
Which of the following has been launched to strengthen the digital infrastructure of the country by the government of India?
Which state recently unveiled a semiconductor policy to set up Semicon city?
Beach Festival “I Sea PONDY-2022” was recently been inaugurated in?
Defence Research & Development Organisation (DRDO) and Indian Navy conducted the successful maiden test trial of ‘ADC-150’ from IL 38SD aircraft off...
Who has won the 2022 UNHCR Nansen Refugee Award?
What is the name of the portal launched by Bhupender Yadav to invite ideas for products and services promoting environment-friendly lifestyles?
Which country has unveiled a five-year plan to become an innovation hub for the global robotics industry by 2025?
What is the significance of L&T Finance Holdings Ltd merging its subsidiaries, and how does it impact the company's structure?
What is the primary objective of the "SHREYAS" umbrella scheme?