Companies' P&L accounts to have separate CSR Expenditure head
If a company spends more than the mandatory two percent of profit for Corporate Social Responsibility (CSR), the excess amount can not be carried forward for any set off against future CSR expenses.
May 17, 2015, 15:55 PM ISTCompanies' CSR works to be monitored from next year: Govt
Companies with a turnover of Rs 1,000 crore or more, at least Rs 500 crore net worth or minimum Rs 5 crore net profit are required to spend on CSR.
Jul 15, 2014, 15:10 PM IST