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CSR exemption for firms making losses; eligibility to be checked every year

CSR rules are applicable to companies with a net profit of over Rs 5 crore or networth of over Rs 500 crore or turnover of Rs 1,000 crore

Topics
CSR | Corporate social responsibility | CSR norms

Ruchika Chitravanshi  |  New Delhi 



CSR, corporate social responsibility
Illustration: Ajay Mohanty

making losses in the immediate preceding financial year will be exempted from undertaking (CSR) activity that year if they were eligible for due to their net profit, reveals the latest government notification.

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First Published: Fri, September 23 2022. 00:05 IST

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