Question

    What is the minimum percentage of net profit that

    companies must spend on CSR under the Companies Act, 2013?
    A 1% Correct Answer Incorrect Answer
    B 2% Correct Answer Incorrect Answer
    C 3% Correct Answer Incorrect Answer
    D 5% Correct Answer Incorrect Answer
    E 10% Correct Answer Incorrect Answer

    Solution

    Companies are required to spend a minimum of 2% of their average net profit over the preceding three years on CSR under Section 135 of the Companies Act, 2013.

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