Why companies are not disclosing salary information as per the Companies Act and/ or rules framed thereunder. They are just showing that details are available, interested person can ask for the same.
Menu
Directors Report - Salary Disclosers
Replies (4)
Quick Summary
Salary information needs to be disclosed seperately as per Sec 196 and Sec 197 along with schedule v is a pertinent disclosure that needs to be provided.
That i know but many companies are not providing the same even in case of listed companies also.. they simply put the clause that the details are available with the Company interested stakeholders can ask for the details.
I feel this is not the right practice. Proper disclosure should be given in the Directors' report or wherever required by law.
Thank you !
Companies May provide weblink ,but still it's a best practice to disclose salary details of directors and KMP !
Recent Topics :
- NSFA(National Food Security Act) commission
- RCM applicability on petty GTA freight (₹450
- Short payment reccieved in export & GST implic
- Parag Gupta vs Purushottam Aggarwal- who is best f
- GST applicability on own-vehicle goods transportat
- FAST DS Scheme 26
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
- Nursing Home Taxability
Related Topics :
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
ARTICLESHIP
01 September 2026
Articles
Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Foundation
View Details
CCI
Pro
CAclubindia
