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From The Economic Times

Center-Right Owned by Bennett, Coleman & Co.

Disability, elderly care likely to qualify for CSR spending

Disability, elderly care likely to qualify for CSR spending

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Companies need to comply with CSR obligations if they have a net worth of ₹500 crore or more, turnover of ₹1,000 crore or more, or a net profit of ₹5 crore or more in the immediately preceding financial year. Under this, they must spend at least 2% of the average net profit made during the previous…

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