My Managing Director recently called me and told that all people in the company, including him and other director to be taken on payroll of the company and he should be also given PF professional tax and other benefits exactly in same manner given to a regular employee.
We are a Pvt. Ltd. Company.
Now my question is can a Director or Directors be treated as an employee of the company?
Can we allow them to have Provident Fund and other benefit? Kindly provide reference of the Act or judgement