WebFeb 12, 2024 · 1. FORM CSR-2 shall be applicable on the Companies prescribed under section 135 (1), which are as follows: Every Company having Net worth of Rs. 500 crore or more, or. Every Company having Turnover of Rs. 1000 crore or more, or. Every Company having Net Profit of Rs. 5 crore or more. during the immediately preceding financial year. WebMar 30, 2024 · Aim of MCA behind CSR-2 “A New Beginning”. CSR (corporate social responsibility) is a self-regulatory business model that enables a firm to be socially responsible—to itself, its stakeholders, and the general public. CSR-2 could be valuable for data mining and analysis by the MCA’s CSR section in order to implement improved …
All about CSR Reporting- CSR-2 as “A New Beginning”
WebFeb 9, 2024 · This requirement applies to companies that have an average CSR spend of INR 10 crore or more in the past three financial years. It must be conducted for all CSR … WebAccording to rule 2(1)(b) of the Companies (CSR Policy) Rules, 2014, administrative overheads mean the expenses incurred by the company in the general … how can i get sweat stains out of clothes
Social audit of CSR spend may become must - The Economic Times
WebFeb 1, 2024 · One of the core values is - In order to thrive, we must lift both hands, one is for helping ourselves and the other is for helping others. CSR is a crucial part of running a business, and it's something companies should consider practicing actively. Simply put, it should be a ‘must-have’ for businesses. WebDec 20, 2024 · Applicability of Form CSR-1. The Rules provides that a Board of a company should ensure the company itself undertakes the CSR activities or through: A registered society, registered public trust, Section 8 company or established under Section 12A and 80G of the Income Tax Act, 1961, incorporated by the company. ... WebAt Responsenet we believe the right innovations and right partnerships have the ability to create the right lasting impact for radical yet sustainable transformations. Responsenet has worked with over 280 companies and provides award-winning impactful Corporate Social Responsibility (CSR) implementation, consulting, and planning across industry sectors … how can i get superpowers