In a Pvt Ltd. Co. . Is there any difference between Director Remuneration and Salary to Directors
If
1. Can a same director get both of them
2. Is there any limit or maximum cap on any of them
In a Pvt Ltd. Co. . Is there any difference between Director Remuneration and Salary to Directors
If
1. Can a same director get both of them
2. Is there any limit or maximum cap on any of them
Practically speaking there is no difference between director remuneration and director salary.
Strict provisions relating to managerial remuneration are not applicable to a private company. Hence you may give the desired remuneration to your directors subject to the provisions of your articles.
Plz check your Articles.
fully agreed wid ankur sir..
Agree with experts. There is a maximum cap for the Public limited companies. i.e. percentage of profits as per Sec 249 & 250 or Schedule XIII
What about in point of TDS deduction. which one is better to director ?? either salary or remuneration ??
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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