CSR provisions apply to companies meeting any of the following criteria in the preceding financial year. Net worth over Rs. 500 crore Turnover over Rs. 1000 crore Net profit over Rs. 5 crore. Such companies must spend at least 2% of their average net profits
company need to spend CSR if they have a 1.net worth of rupees five hundred crore or more, or 2. turnover of rupees one thousand crore or more or 3. a net profit of rupees five crore or more during any financial year
CSR provisions apply to companies meeting any of the following criteria in the preceding financial year.
Net worth over Rs. 500 crore
Turnover over Rs. 1000 crore
Net profit over Rs. 5 crore.
Such companies must spend at least 2% of their average net profits
company need to spend CSR if they have a
1.net worth of rupees five hundred crore or more, or
2. turnover of rupees one thousand crore or more or
3. a net profit of rupees five crore or more during any financial year