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Appointment of sales manager

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(Querist)
30 December 2014 I want to add a new employee who will be appointed as a Sales Manager in a Private Limited Company who is also a relative to the directors & share holders, in such a scenario what is the maximum salary can give given to the employee.
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c.bakshi

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c.bakshi (Expert)
31 December 2014 if the remuneration is paid for services of professional nature then there will be no contravention of act however you may follow Schedule V for abovesaid purposes
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