Remuneration
Suresh Pai S (Tax Consultant) (1029 Points)
28 March 2017
What is the difference between managerial remuneration and directors remuneration as regards to a company?
2 Replies
(Guest)
Directors' remuneration. Remuneration is definedas payment or compensation received for services or employment and includes base salary, any bonuses and any other economic benefits that an employee or executive receives during employment
as per Companies Act. As per the Companies Act, 2013, Managerial Person means a managing director, whole-time director or manager of a company incorporated in India. Managerial renumeration includes pay, compensation, or reward for work which is earned by a managerial person
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 29 March 2017
nice explanation Mr.Samir
Recent Topics
- Prepaid Expenses in IT on which GST already paid
- OCI ( Overseas Citizen of India ) Tax Residency wh
- How to Apply for a PAN for a Company's Gratuity Tr
- DPT3 Form Acceptance of Deposit] Rules and unliste
- GST Liability under SARFAESI Bank Auction
- GST SCN for 2018-19
- Income tax return- 80U
- EQUITY SHARES OF RELIANCE NAVAL NOT SEEN IN DEMAT
- How much can US citizen take from India USD
- Whether IT4 (Fy-24/25) can be used to report LTCG
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
