CSR Expenditure definition

CSR Expenditure means all CSR expenditure of the Company as approved by the Board upon recommendation of the CSR committee, including the following:
CSR Expenditure means all CSR expenditure as recommended by the CSR Committee and approved by Board of Directors.
CSR Expenditure means the amount recommended by the CSR Committee to be incurred on the CSR Activities in India in terms of the Act and the CSR Rules as approved by the Board from time to time.

Examples of CSR Expenditure in a sentence

  • Average net profit of the company for last three financial yearsThe average net profits of the Company for the last three financial years was negative, due to loss incurred in last preceding three years.5. Prescribed CSR Expenditure (two per cent.

  • Prescribed CSR Expenditure (two per cent of the amount as in item 3 above)Rs. 4.20 Lakhs5.

  • Related party transation in relation to CSR Expenditure Nil Nil Note 30 : Financial InstrumentsNote 30A : Categorywise classification of Financial Instruments(` in lakhs) The Company uses foreign exchange currency and interest rate swaps to hedge its exposure to the movements in foreign exchange rates for the borrowings in foreign currency.

  • Prescribed CSR Expenditure (two percent of the amount as in item 3 above): ` 31.01 Lakhs.

  • The Board shall approve the allocation of the CSR Expenditure on the CSR Activities and, to the extent possible, shall give priority to the local areas wherever the Company has its operations.


More Definitions of CSR Expenditure

CSR Expenditure means the CSR expenditure proposed under this Policy and providing the corpus amount in furtherance of this Policy.
CSR Expenditure means all expenditure on CSR Activities as recommended by the CSR Committee and approved by the Board including the following;
CSR Expenditure means and include all expenditure including contribution to corpus, for projects or programs relating to CSR activities approved by the Board on the recommendation of Committee, but does not include any expenditure on an item not in conformity with the Policy framed thereunder.
CSR Expenditure means all expenditure as recommended by the CSR Committee and approved by the Board of Directors including the following;
CSR Expenditure means all CSR expenditure of the Com
CSR Expenditure means all CSR expenditure of the Company as approved by the Board upon recommendation of the CSR committee, including the following: i. Contribution to CSR Projects which shall be implemented and/or executed by the Company; ii. Contribution to CSR Projects (including for corpus as required) which shall be implemented and/or executed by its Trust or Society; and iii. Contribution to CSR Projects (including for corpus as required) which shall be implemented and/or executed by an Agency. iv. Any other contributions covered under Schedule VII.
CSR Expenditure means all expenditure including contribution to project or program relating to CSR activities in line with activities covered under Schedule VII of the Act. Contribution of any amount directly or indirectly to any political party under Section 182 of the Act, shall not be considered as CSR Expenditure.