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Maximum ceiling as to Employee Remuneration

This query is : Resolved 

22 June 2011 What is maximum limit for employee Remuneration either annualy or part thereof for the purposes of Disclouser in Director,s Report in case of Private or Public Limited Companaies as per Amended Comapanies Act/Rules Made thereunder.

22 June 2011 Rs. 60 lakhs per annum or Rs. 5 lacs per month.
For details see NOTIFICATION NO. G.S.R. 289(E), DATED 31-3-2011.


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