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Remuneration to non executive director

Remuneration is payment received for services or employment. This includes a base salary and other bonuses that an employee or executive received during employment. And If you want to get the information of Non-Executive Director you can read this blog:  https://nonexecutivedirectors.blogspot.com/2021/03/benefits-of-having-non-executive.H T M L

 4 Replies


pritesh (delhi)     04 June 2020

Their commission is fixed
Neha Mishra

Neha Mishra   08 June 2020

Yes. An amendment is proposed in Companies Amendment Bill 2020 for paying remuneration to non executive directors in the event of losses or inadequate profits.

SkDash (CS (Member) CWA (Final))     02 April 2021

Now, as per recent notification dated 18-3-2021, MCA has added a limit in Sch V for other directors as well. 

mark henri

mark henri (manager)     03 April 2021

Nice Question and my answer is Yes

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