CSR Expenditure definition
Examples of CSR Expenditure in a sentence
Prescribed CSR Expenditure (2% of theamount as in item 3 above)5.
Pursuant to Section 135 of the Companies Act, 2013 and the relevant rules, the Company is not required to spend any amount towards CSR Expenditure as none of the thresholds limits as specified in Section 135 is crossed.
The CSR Committee will present the Proposed Implementation Plan to the Board, detailing the action steps, modalities and the Estimated CSR Expenditure to the Company, for the Board’s approval.
The CSR Committee, after approval, shall submit its report giving status of the CSR Activities undertaken, CSR Expenditure incurred and such other details as may be required by the Board, in accordance with applicable laws.
The Company has incurred CSR Expenditure during the year under review in line with CSR Policy of the Company.