Managerial Remuneration

IFRS 1041 views 1 replies

In companies when the managerial remuneration is applicable?

1.Suppose the company has one full time director and the maximum limit is 11% of NP. Net   Profit is calculated at the end of the period(Say 1.4.to 31.03) . So only after the end of the year director will be given remuneration . For his work he will get remuneration at the end of 12 months.? whether any amount is paid during the year to the director other than the managerial remuneration ( Say for running his daily life how he will get money at the end of every month or so? ) and

2. Wat is the difference between director fees and managerial remuneration ?

 

Replies (1)

as per companies act


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