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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)
Where are ethical standards typically based?
When was NABARD established?
What growth rate did the IMF project for India for 2024-25?
A machinery with original cost of ₹ 10,00,000 and Nil Salvage value acquired on 1st April 2017 with 4 years useful life was depreciated using Straigh...
The portion of the acquisition cost of the tangible asset, yet to be allocated is known
What is the term used to describe the agencies that assist investors in making investments in shares, debentures, mutual funds, and other financial inst...
Which of the following will help an exporter manage risk?
What is the annual premium for Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
The Comptroller and Auditor-General of India shall, in respect of a financial year, appoint an auditor duly qualified to be appointed as an auditor...
1. Given the following, what is the amount of Capital?
Assets: Premises 20,000; Inventory 8,500; Cash 100.
Liabilities: Trade Paya...