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
Section 80G.
Regular updates are provided in form of newsletters and annual reports to our supporters along with monthly updates.
For any other queries, please write to us at diya@diyaindia.org
