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    Expenditure of company on CSR

    Posted By : Ruchi / Published on : 23-Jul-2022 05:33 AM / View : 342 / Comment : 1

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    Hello members,

    Can expenditure incurred toward personnel exclusively appointed by company for implementation of CSR activities beincluded in the expenditure earmarked for CSR activities ?
    Read more on : company expenditure

    • Hello Member,

      Rule 7- Companies (Corporate Social Responsibility) Rules 2014 

      Maximum 5% of total CSR expenditure is allowed as Administrative overheads. If expenditure incurred toward personnel exclusively appointed by company for implementation of CSR is within 5% threshold then it will be included in the expenditure earmarked for CSR activities.

       

      Hope it helps!!

      26-07-2022 / 05:36:51 AM
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