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CSR norms in India




According to the new companies bill, it is
mandatory for all the companies of a certain size to
spend 2% of their 3 ...
Contd…




It is estimated that around 8,000 companies

would fall under the Bill's ambit and this mandate
would transla...
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Csr slide

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Csr slide

  1. 1. CSR norms in India
  2. 2.   According to the new companies bill, it is mandatory for all the companies of a certain size to spend 2% of their 3 years average annual profit towards CSR. Every company that have net worth of Rs. 500 crore or more, or turnover of Rs. 1000 crore or more, or a net profit of Rs. 5 crore or more during any financial year fall under the norms of CSR.
  3. 3. Contd…   It is estimated that around 8,000 companies would fall under the Bill's ambit and this mandate would translate into an estimated CSR spending of Rs 12,000-15,000 crore annually. The rules of CSR are proposed to be implemented from financial year 2014-2015.

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