Economics · Corporate Regulations
With reference to Corporate Social Responsibility (CSR) rules under the Companies Act in India, consider the following statements: 1. CSR rules specify that expenditures that benefit the company directly or its employees exclusively will not be considered as CSR activities. 2. CSR rules do not specify a minimum mandate for spending on CSR activities for qualifying companies. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 only✓
- 22 only
- 3Both 1 and 2
- 4Neither 1 nor 2
Correct answer
1 only
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