Hai
I want to know the maximum remuneration the director of the one person company can avail , the company is a profit making company.
Can you send the a model resolution for the revison of remuneration
Menu
Directors maximum remuneration
Replies (1)
Since Section 197 of the Companies Act, 2013 is applicable only to public company there is no limit on remuneration payable to director of OPC.
Sample resolution for revision of remuneration of director
"RESOLVED THAT the remuneration of director Mr/Mrs......... (name of director), (DIN:....) be and is hereby revised w.e.f conclusion of this meeting as follows
Salary - Rs.........../month
DA - Rs......../month
TA - Rs......./month
Any other allowances - Rs...../month"
Recent Topics :
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
- Difference in TIS
- GSTR-9C Upload Status Error Occured
- “Income Tax Implications of Company-Related
Related Topics :
CAclubindia
