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CORPORATE SOCIAL RESPONSIBILITY (CSR)

DOES THE CORPORATE SOCIAL RESPONSIBILITY (CSR) LAW APPLY TO YOUR COMPANY ?

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IS CORPORATE SOCIAL RESPONSIBILITY (CSR) APPLICABLE TO YOUR COMPANY?

es if during the financial year your company has:

  • a net worth of Rs. 500 crores or more or,
  • a turnover of Rs. 1,000 crores or more or,
  • a net profit of Rs. 5 crores or more.

Corporate Social Responsibility is often considered as a means of charity or donations. In practice, it is a successful approach for companies to engage themselves in activities that help society at large. Corporate Social Responsibility is a way of achieving a balance between profitable activities and social development.

HOW MANDATORY IS THE LAW?

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