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- SCHEDULE VII (See Section 135) - Institute of Chartered Accountants of . . .
SCHEDULE 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
- CSR Provisions and Schedule VII of Companies Act, 2013 - Tax Guru
♦ Applicability of the CSR: 1 Every Company having – Net worth of Rs 500 crore or more, or – Turnover of Rs 100 crore or more, or – net profit of Rs 5 crore or more during the immediately preceding financial year shall constitute Corporate Social Responsibility Committee Meeting 2
- Section 137. Copy of financial statement to be filed with Registrar . . .
(1) A copy of the financial statement , including consolidated financial statement, if any, along with all the documents which are required to be or attached to such financial statements under this Act, duly adopted at the annual general meeting of the company, shall be filed with the Registrar within thirty days of the date of annual general me
- Schedule 7 of Companies Act, 2013: Objective, CSR Recent Changes
Schedule 7 of the Companies Act, 2013 outlines the specific areas where companies must focus their corporate social responsibility (CSR) efforts It includes activities related to education, healthcare, poverty alleviation, environmental sustainability, and other socio-economic development initiatives
- Corporate Social Responsibility Under Section 135 of Companies Act 2013
The Companies Act, 2013 provides for CSR under section 135 Thus, it is mandatory for the companies covered under section 135 to comply with the CSR provisions in India Companies are required to spend a minimum of 2% of their net profit over the preceding three years as CSR
- Schedule VII of Companies Act, 2013 - iPleaders
Schedule VII of the Companies Act, 2013, provides a comprehensive framework for companies to engage in CSR activities It mandates that certain categories of companies must allocate a portion of their profits towards CSR initiatives
- CSR Activities under Schedule VII of Companies Act 2013
In exercise of the powers conferred by sub-section 3 of section 1 of the Companies Act, 2013 (18 of 2013), the Central Government appoints the 1st day of April, 2014 as the date on which Schedule VII shall come into force
- Corporate Social Responsibility (CSR) Under Companies Act, 2013: Impact . . .
The explicit guidance on approved activities fosters transparency and accountability in corporate social responsibility endeavors Approved CSR activities, as outlined by Section 135 of the Companies Act, 2013, serve as a comprehensive roadmap for businesses seeking to make a positive impact on society
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