The calculation of average net profit for CSR expenditure must adhere to Section 198 of the Act and exclude items outlined in Rule 2(1)(h) of the Companies (CSR Policy) Rules, 2014. For comprehensive details, please view the video.
Did you know? According to CSR regulations, companies must open a separate account for unspent CSR funds.
This account ensures transparency and accountability in utilizing CSR budgets.
Stay compliant and make a positive impact by managing CSR funds responsibly.