Managerial remuneration limit
This query is : Resolved
17 June 2015
In case a pvt ltd company is converted into public ltd co. after 1 month of its incorporation whether the limit of 11% is applicable to it.
17 June 2015
yes since its a public co and limits shall apply
17 June 2015
https://taxguru.in/company-law/appointment-remuneration-managerial-personnel-companies-act-2013.html
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