Notification of Section 135 of the Companies Act

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..... Notification of Section 135 of the Companies Act - News and Press Release Dated:- 10-3-2015 - News - Section 135 of the Companies Act, 2013 , inter alia, provides for companies having net wort .....

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..... h of rupees five hundred crore or more or turnover of rupees one thousand crore or more or a net profit of rupees five crore or more in a financial year to spend atleast 2% of the average net profits .....

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..... of last 3 years for the company s Corporate Social Responsibility (CSR) policy. In case the said amount is not spent, the reasons for not doing so are to be disclosed in the Board s Report. Activities .....

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..... which may be included in the CSR policy by the companies are specified in schedule VII of the Companies Act , 2013. Section 135 along with Schedule VII and corresponding Corporate Social Resp .....

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..... onsibility Policy Rules have been notified on 27.02.2014 and have come into effect from 1st April, 2014. This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a qu .....

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..... estion in the Rajya Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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