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of <h1>Rule 7: CSR Administrative Overheads Capped at 5%; Surplus Must Be Reinvested or Transferred Within 6 Months</h1> The Companies (Corporate Social Responsibility Policy) Rules, 2014, Rule 7, mandates that administrative overheads for CSR activities must not exceed five percent of the total CSR expenditure for a financial year. Surplus from CSR activities should not be considered business profit but reinvested into the same project or transferred to an Unspent CSR Account or a specified Fund within six months post-financial year. Excess CSR spending can be offset against future requirements for up to three years, excluding surplus amounts. CSR funds can be used to create or acquire capital assets held by specific entities, with compliance required within stipulated timeframes.
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