Approval of reimbursement of medical expenses incurred beyond the ceiling mentioned in the total managerial remuneration package

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..... ement of medical expenses incurred beyond the ceiling mentioned in the total managerial remuneration package In supersession of this Department's Circular No. 1/91, dated 12th February, 1991, I am directed to say that in accordance with the provisions of Part II of Schedule XIII of the Companies Act, 1956 no separate ceiling has been prescribed for expenses incurred on medical treatment. This D .....

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..... members that such proposals are normally considered by the Central Government within the framework of the policy as stated below : (a) Having regard to the improved medical facilities available in India, the managerial personnel should obtain specialised treatment abroad only in exceptional and deserving cases. All proposals for reimbursement on specialised medical treatment abroad must inv .....

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..... . 9 lakh would not be entertained by the Central Government. (e) The application under section 310 of the Companies Act, in this regard, should be preferred within the currency of the tenure of the managerial personnel concerned. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TM .....

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