businesses are allowed to invest all the profits earned by them in fields such as education, gender equality, poverty and hunger as a crucial part of any CSR compliance.
2) The company usually has a Corporate Social Responsibility Committee of the board and all the funds that are provided under the Corporate Social Responsibility are primarily and solely for the purpose of tackling social development issues and making a positive impact on the living standards of hundreds and thousands of economically poor and disadvantaged people of our society so that they too can live a dignified and productive life. CSR is essentially viewed as a corporate initiative to take responsibility and assess the company’s impact on social welfare and its effects on the environment. It is highly related to the efforts of companies for promoting positive social and environmental change. Social welfare programmes are a part of the provisions of this Act and it includes activities such as social empowerment, employment generation, vocational skills for women and the youth of our country, child welfare and various livelihood enhancement projects for differently-abled people.
3) it is doubtful that you would be eligible for CSR funding for taxi business