23(CSR) Flashcards
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
