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Corporate social resposibility under companies act, 2013
Solution

Every Company having net worth 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 during any financial year to constitute a Corporate Social Responsibility Committee Board shall ensure that at least two per cent of average net profits of the Company made during three immediately preceding financial years is spent in every financial year on such policy

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