WebSCHEDULE VII. (See Section 135) Activities which may be included by companies in their Corporate Social Responsibility Policies Activities relating to:—. 1 [ (i) Eradicating hunger, poverty and malnutrition, 2 [‘‘promoting health care including preventive health care’’] and sanitation 4 [including contribution to the Swach Bharat Kosh ... WebSCHEDULE VII (See Section 135) Activities which may be included by companies in their Corporate Social Responsibility Policies Activities relating to:— 1[(i) Eradicating hunger, poverty and malnutrition, 2[‘‘promoting health care including preventinve health
New amendments to the CSR Act: All you need to know
Web4 jan. 2024 · The PSUs have to create a CSR budget through a board resolution as a specified percentage of their net profit of the previous year, which is given below: 3 – 5% net profit – if their profit is < 100 Crores. 2 – 3% net profit – if their profit is 100 – 500 Crores. 0.5 – 2% net profit – if their profit is > 500 Crores. WebThe Company’s CSR Activities shall be carried out predominantly in the vicinity of the areas where it operates and also the geographical areas as may be determined by the Commit-tee/Board, from time to time. 8. Selection of Projects and Annual Action Plan: CSR activities of the Company shall be in the areas as enshrined in Schedule VII of the ... list of available grants and scholarships
IDBI BANK LTD. CORPORATE SOCIAL RESPONSIBILITY POLICY 2024
Web20 mei 2024 · CSR ACTIVITIES. The ones mentioned in Schedule VII above involve the List of Permitted Activities to Be Included following Schedule VII of the Companies Act, 2013 in addition to the following . CSR EXPENDITURE. Section 135 mandates to spend at least 2% of the average net profit of the previous three financial years on the CSR Activity. Web22/01/2024, following activities would not qualify as CSR activities: i. Activities undertaken in pursuance of normal course of business of Company ii. Any activity by Company outside India, except for overseas sports trainings of Indians representing State/UT at national/international level; iii. Web26 jan. 2024 · Sec. 135 which provides for Corporate Social Responsibility and Schedule VII of the Companies Act, 2013 and Rules made thereunder are mandatory compliance … list of available penny stocks