Regulation of Salary

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..... Regulation of Salary - News and Press Release Dated:- 27-2-2015 - News - The managerial remuneration payable by a listed company and its subsidiaries to its directors is regulated under section 19 .....

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..... 7 of the Companies Act, 2013 (the Act) read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 . In terms of these provisions, the total managerial remuneration .....

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..... shall not exceed 11% of net profits of the Company for that financial year unless the Company, in a general meeting, with the approval of the Central Government, authorises payment of remuneration in .....

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..... excess of the above ceiling. Salaries of other personnel are not regulated under the Act. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia .....

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..... .com - TMI - TaxTMI - TMITax .....

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