Business Studies, asked by guptaharshil2002, 1 day ago

why should companies go for corporate social responsibility activities​

Answers

Answered by harshit18bafna
0

Answer:

It is mandatory for companies to do CSR activities as per section 135 of The Indian Companies Act ,2013.

Explanation:

section 135(1) is as follows

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 [the immediately preceding 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 independent director.

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