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salary to directors in pvt company

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Guest

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Guest (Querist)
31 October 2009 can any one tell me how much maximum salary can be paid to directors in private company
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Satpal Singh

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Satpal Singh (Expert)
31 October 2009 There is no limit on salary to be paid to working directors in a private company. but while paying salary to working dirctors you must see the article of the company.
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Ankur Garg

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Ankur Garg (Expert)
31 October 2009 Agree

Provisions related to managerial remuneration are not applicable to a private company.

But be careful about section 314 office or place of profit.
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GSTP Hari Dhayalan Konar

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GSTP Hari Dhayalan Konar (Expert)
06 November 2009 yes. there is no limit for directors pvt ltd company. but see the sec 314 as per ankurji's instruction.
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