23(CSR) Flashcards Preview

2 September > 23(CSR) > Flashcards

Flashcards in 23(CSR) Deck (3)
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1
Q

Is CSR part of companies act

A

Yes

2
Q

what are the conditions for CSR

A

1 More than 1000cr turnover
2 500cr networth
3 5cr profit

All have to spend at least 2%

3
Q

Can they spend on technological development

A

Yes now the scope of CSR is widened and is not restricted to envi and soc but also to science

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