banner_ad

Staff salaries included in csr exp.

Companies Act 2013 513 views 2 replies

Dear All,

I was reading the Annual Report of JSW Steel Ltd. Fy 2015-16 , in the CSR Note i observed that "Staff salaries has been included in CSR Expenditure". I m confused on this matter because as per section 135 of CA2013 , Staff salaries will not form part of CSR Exp. , then how the aforementioned company has included Staff Salaries in its CSR Exp.(PAge no.74)

 I have attached the annual report of JSW for your reference.


Attached File : 502093 20161126180120 jsw steel annual report 2015 16 full.pdf downloaded: 259 times
Replies (2)
refer to the csr rules, 2014
Companies may build CSR capacities of their own personnel as well as those of their Implementing agencies through Institutions with established track records of at least three financial years but such expenditureincluding expenditure on administrative overheads, shall not exceed five percent of total CSR expenditure of the company in one financial year.
they can use their own personnel. so the staff salaries can be dr to csr


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details