Month: June 2021

Benefits to Start-ups Registered with DPIIT under the Income-Tax Act

A Start-up is a young company/entity founded by one or more entrepreneurs to develop a unique product or service and bring it to market. By its nature, it is beginning to develop and grow, is in the first stages of operation, and is usually financed by an individual or small group of individuals. Start-up India …

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FAQs on Corporate Social Responsibility(CSR)

ELIGIBILITY/APPLICABILITY: Which year’s profits, turnover and net worth will be reckoned for understanding the applicability of CSR? Immediately preceding financial year Profit (Rs.5 crores), Turnover (Rs.1,000 crores) and Net Worth (Rs.500 crores) shall be taken into consideration. Whether applicability of CSR provisions is to be considered every year? Once CSR provisions are applicable in any …

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