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प्रश्न
State the scope of CSR.
उत्तर
Scope of CSR:
Applicability of CSR:
- The companies having a net worth of 500 Cr. or more or turnover of 1000 Cr. or more; or Net profit of 5 Cr. or more during any financial year shall be required to constitute a Corporate Social Responsibility Committee of the Board with effect from 1st April 2014.
- The Board's report shall disclose the compositions of the CSR Committee.
- All companies shall spend, in every financial year, at least 2% of the average net profits of the company made during the three immediately preceding financial years, in pursuance of its Corporate Social Responsibility Policy.
संबंधित प्रश्न
State any four CSR activities.
Under CSR, the company would spent not less than 4% of the average net profits.
Explain the following term/concept.
Corporate Social Responsibility
Study the following case/situation and express your opinion.
Auto Parts Ltd. is renowned company situated in Chakradharpur, Jharkhand. This company is leading manufacturer of auto parts and also exports to some countries around the world. This company has net worth of Rs.600 Cr. and earned average net profit of Rs.1.20 Cr in last 3 financial years. The company has formed committee of directors to look after the CSR activities of the company.
- Provision of which section is applicable in case company follows CSR activities?
- How much amount company needs to spend on CSR activities?
- How many directors are required to constitute CSR committee?
Attempt the following.
Explain corporate social responsibility.
Define CSR.
Illustrate any five activities of CSR covered as per Section 135 of the Companies Act, 2013.
