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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).
There were two candidates in an election. 10% of the total voters did not cast their votes whereas 5% of the casting votes were declared invalid. If the...
After increase in the price of coffee by 20 %, a person is able to buy 4 kg less for Rs. 1,440. Find the original and increased price of the coffee per ...
A candidate who gets 22% marks fails by 10 marks but another candidate who gets 40% marks gets 14% more than the passing marks. Find the maximum marks.
'P' allocates 25% of his income to rent and then spends 40% of the remaining amount on food and travel. After these expenses, he spends Rs. 5600 on misc...
Amit scored 10% marks in a test and failed by 70 marks, while Lisa scored 30% marks in the same test and failed by 30 marks. Find the passing marks of t...
Instead of increasing the number first by 20% and then by 25%, it is reduced by 10%. What percentage does the final value represe...
In an election between two candidates, winner got 55% of total valid votes. If total number of votes cast were 1000 out of which 6% were invalid, then f...
Monthly income of A is Rs. 85000 out of which he spent 25%, 18% and 24% of his total income in rent, medicine and transportation, respectively. Find his...
Rajesh spent 45% and 20% of his monthly salary on food and rent, respectively. Of the remaining amount, he gave 16% and 25% to his mother and brother, r...
