CSR Rules minor changs on 12th sept 14

Ministry of Corporate Affairs has done a minor modification in the  CSR Rules on 12^th Sept 2014

As you may recall under the CSR Rules released in Feb 2014  companies are allowed to build CSR capacities for their own personnel through other institutions provided such expenses does not exceed five per cent of the total  expenditure incurred on social welfare activities in one financial year.

Providing more clarity for stakeholders, the Corporate Affairs Ministry has said the five per cent cap would include "expenditure on administrative overheads".

http://www.mca.gov.in/Ministry/pdf/NCA_Rules_12092014.pdf