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Salary V/s Remuneration

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 July 2010 wat is d difference between Remuneration and salry???
whether professional tax is payable by the person receiving remuneration???
Although both Partnership firm n Company both are different person from the person owning it or operating it, why only d co. hve to pay its PT???
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
05 July 2010 Remuneratio is the general meaning and salary is spefic meaning, Salary is the part of remuneration as well. Generally salary will pay to employees, Remuneration can be paid emloyee, director,partner and contractor,profeessional also, Professional tax need to deduct on salary, Directors remunerations
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