Question
The provisions of Corporate Social Responsibility is
applicable to those companies which have a net profit is more than _____?Solution
The CSR provisions within the Act is applicable to companies with an annual turnover of 1,000 crore and more, or a net worth of Rs. 500 crore and more, or a net profit of Rs. 5 crore and more. In India, the concept of CSR is governed by clause 135 of the Companies Act, 2013. Reliance Industries Ltd spent a record Rs 1,184.93 crore in fiscal year ended FY22 on Corporate Social Responsibility (CSR) initiatives that spanned oxygen delivery during second wave of the pandemic, education and healthcare. Reliance produced 1,000 tonne of oxygen every day during the second wave and provided it free to states for over 1 lakh patients. Under its rural initiative, it created 121 lakh cubic meters of water harvesting capacity.
One who possesses many talents ?
Section 12 of the Transfer of Property Act is not applicable:
The issuance of sweat equity shares in the Company shall____________, of the paid -up equity capital of the Company at any time
Partner's authority in an emergency is covered under which section of Indian Partnership Act?
Arrest in cognizable cases can be______?
The Court has power to issue Commission for what purpose?
According to the Occupational Safety, Health, and Working Conditions Code, 2020, who is responsible for prosecuting, conducting, or defending complaint...
Presumption as to electronic agreements is discussed under section ….of Indian Evidence Act?
According to section 6 of the IRDA Act the Central Government may remove from office any member who_____________________
When a motor vehicle is transferred in the name of another person, certificate of insurance is:
