What does CSR spending mean?
CSR spending is another name for CSR (Corporate Social Responsibility). A mandatory obligation for qualifying Indian companies to spend at least 2% of average net profits on social welfare activities.
The two names mean the same thing. You will see "CSR spending" in some ledgers, reports and contracts and "Corporate Social Responsibility" in others. The full entry covers how it works, with examples.
Read the full definition of CSR (Corporate Social Responsibility)
