Question
As per Companies Act, certain companies are required to
contribute toeards CSR activities. What is the quantum of contribution required?Solution
Section 135 - The Board of every company referred to in sub-section (1), shall ensure that the company spends, in every financial year, at least two per cent of the average net profits of the company made during the three immediately preceding financial years, in pursuance of its Corporate Social Responsibility Policy
As per Companies Act 2013, a related party transaction (RPT) like sale, purchase or supply of any goods or materials can be undertaken after prior appro...
Consider the following statements regarding Economic survey 2022-23:
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A manufacturing company experiences frequent fluctuations in production volume due to seasonal demand. Management wants a budgeting system that revises ...
Long-term borrowings are essential for supporting a company's large-scale investments and capital expenditures. These borrowings typically have extended...
What does the capability approach focus on in achieving justice?
Which of the following is a digital lending platform initiated by the Government of India to facilitate MSME loans?
The Recovery of Debts and Bankruptcy Act (RDBA) applies to cases where debt exceeds:
A manufacturing company is considering expanding its production capacity by acquiring new machinery. The company is exploring the option of leasing the ...
Which of the techniques are not known for controlling wastages?
A company manufactures two products, P and Q. The overhead costs and related activity drivers are as follows:
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