Corporate Social Responsibility (CSR) is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. CSR is generally understood as being the way through which a company achieves a balance of economic, environmental and social imperatives, while at the same time addressing the expectations of shareholders and stakeholders.
Perhaps most importantly, CSR gives your company and your brand a positive image of a reputable ethical business.
The provisions of CSR applies to every company, its holding company , its subsidiary company and Foreign company
Having in the preceding financial year:
Net worth > 500 crore
Turnover > 1000 crore
Net profit > 5 crore
Every company which needs to comply with the CSR provisions have to spend 2% of the average net profits made during the preceding 3 years as per the CSR policy. The computation of net profit for CSR is as per Section 198 of the Companies Act, 2013
Diya India Foundation is a Non-profit organization working for humanitarian cause and we strongly believe in transparency. All the contributions made to us are eligible for up to 50% tax benefit under
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