Under Section 135 of the Companies Act 2013, the CSR obligation applies to a company which, in the immediately preceding financial year, has a net worth of at least ₹500 crore, or a turnover of at least ₹1,000 crore, or a net profit of at least -

Section 135 of the Companies Act 2013 requires every company falling within the prescribed thresholds to constitute a Corporate Social Responsibility Committee and to spend at least two per cent of its average net profits of the immediately preceding three financial years on CSR activities. The thresholds are a net worth of at least five hundred crore rupees, or a turnover of at least one thousand crore rupees, or a net profit of at least five crore rupees in the immediately preceding financial year. The correct net profit threshold is therefore five crore rupees; ten crore, fifty crore, two crore and one crore are incorrect figures. As per the 2021 amendment, any unspent CSR amount must be transferred to the Unspent CSR Account within thirty days, failing which to a fund specified in the section.