The provisions related to CSR are given under which section of the Companies Act 2013?
The CSR provisions are covered under the 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)
Semicon India 2022 a conference recently being inaugurated by Prime Minister Narendra Modi in which place?
Just stop Oil climate activists were in news recently,the group is based in which country?
The union cabinet has approved and finalized the development of the new Dholera greenfield airport in which of the following states?
Recently the NATO Summit was held in Madrid. Which of the following countries took part in it for the first time?
In the TomTom Traffic Index 2023, which city has been ranked as the most congested city in the world?
In how many layers the Non-Banking Financial Company (NBFC) is classified?
What is the purpose of the MoU between Coal India Limited (CIL) and the National Skill Development Corporation (NSDC)?
Which agency was recently established by the Yogi Adityanath government in Uttar Pradesh to advance urban road infrastructure development in the state?
Which bank has agreed to a multi-year sponsorship deal with the International Cricket Council (ICC), beginning with the men’s Cricket World Cup in I...
India ’ s first indigenous aircraft carrier, INS Vikrant, was commissioned into the Indian Navy by Prime Minister Narendra Modi . What does the name m...