Dear SirI am managing director of a pricate limited company. I am willing to purchase a land in the name of the company. Now the revenue department is asking for a board resolution stating that I am authorise to purchase the land. But my question is I being the managing director am I not eligible to purchase the said land without submitting any board resolutionthanks in advance
1. Whether an Individual who is in full time employment of a Company can be appointed as Director of any other Company?
2. Whether he can get salary/ remuneration from both Company means salary as employee from one Co. and Salary/ remuneration as Director from another Company ?
Plz suggest with all applicable Act/ Rules/ LAws like Income Tax , Companies Act, LAbour Law etc.
What is related party transaction?
Can a party file applications simultaneously under section 9 and 17 before the Court and the Arbitral Tribunal simultaneously. for interim measures
sir,
Did in a partnership firm the Partners can distributed all its Net Profit among Partners and make the Net Profit
as Zero,
Plz tell me anyone procedure of temple trust registration
Sir, I am Anil Kumar Working as a HR manager in an organisation . My question is National Holiday wage is applicable in epf or not . One of the site i saw an answer the Fllowing. "PF is always calculated on the basic wages and also on the provided D.A (Daily Allowance) & R.A (Retention Allowance) if any, therefore incase any staff fm yours company work on any national/festival holidays then his basic wages are not going to be diffrent what he/she earns in a regular month and you would only pay him double the rate of normal wages for that holiday work done by him and this would be considered as Overtime done by that concerned employee.......therefore no PF would be deducted on this overtime payment, however if that concerned employee is covered under ESI (Employees State Insurance) then you would be required to deduct ESI amount on the overtime payment made to him for the extra work performed on the fastival/national holiday."
Is it ture or not . If it is ture please send a supporting Notifications or any other documents
Municipal tax on a house property should be born by whom(whether seller of the property or buyer of the same) in case agreement for sale was executed but neither possession of the property was given to buyer nor any registration in the name of buyer was done.
Sir, please clarify me to know the facts about this Act Apply in Whole of India or exclusive of jammu and Kashmir REGARDS KUMAR
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