Appreciate your interest towards the socially responsible activities. CSR policy is an added flavor of New Indian Companies Act 2013 which
is on the principle Give and Take. Companies could be the part of Nation Building efficiently by this policy.
Bounded Rules and Laws
Section 135 and Schedule VII of the Companies Act as well as the provisions of the Companies (Corporate Social Responsibility Policy)
Rules, 2014 (CRS Rules) which has come into effect from 1 April 2014.
Who all are Eligible to be part of CSR Funding
Section 135 of the Companies Act provides the threshold limit for applicability of the CSR to a Company
+ Nett worth of the company to be Rs 500 crore or more;
+ Turnover of the company to be Rs 1000 crore or more;
+ Net profit of the company to be Rs 5 crore or more. Further as per the CSR Rules, the provisions of CSR are not only applicable to Indian companies, but also applicable to branch and project offices of a foreign company in India.