Salient Features of Companies Bill, 2012 on Corporate Social Responsibility



Salient Features of Companies Bill, 2012 on CSR: Lok Sabha on 18th December, 2012 passed Companies Bill, 2012. Clause 135: (1) Every company having net worth of rupees five hundred crore or more, or turnover of rupees one thousand crore or more or a net profit of rupees five crore or more during any financial year shall constitute a Corporate Social Responsibility Committee of the Board consisting of three or more directors, out of which at least one director shall be an inde
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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