CSR AND COMPUTATION OF THE CONTRIBUTION AMOUNT

Nikhil6811 Aug, 2025Business

The Corporate Social Responsibility (CSR) under the Companies Act, 2013 mandates eligible companies to invest at least 2% of average net profits (as per Section 198) from the past three years into approved social or environmental projects. Applicability depends on net worth, turnover, or profit thresholds. Accurate profit computation, timely spending or transfer of unspent amounts, and CSR-2 filing ensure compliance. SKMC Global guides businesses in calculating obligations, selecting impactful projects, and meeting all legal and reporting requirements.