TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Board Can Contribute to Charities, Needs Approval if Exceeding 5% of Average Profits: Section 181 Companies Act 2013</h1> Section 181 of the Companies Act, 2013, allows a company's Board of Directors to contribute to bona fide charitable and other funds. However, if the total contributions in a financial year exceed five percent of the company's average net profits from the three preceding financial years, the company must obtain prior approval in a general meeting.
TaxTMI 
TaxTMI 
