Director remuneration

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Vishal Kumar Verma (Querist)
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19 February 2017 Could you please tell me the provision regarding the ceiling limit of director remuneration in case of pvt. ltd company having paid up capital of 1 lac

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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20 February 2017 Section 197 of the Companies Act, 2013 which deals with remuneration payable to managerial Personnel is applicable to public companies only.

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Vishal Kumar Verma

Vishal Kumar Verma (Querist)
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20 February 2017 is it right to withdraw the maximum profit as a director salary to ignore the Dividend distribution tax in future ?