Government has prescribed percentage of profits for public limited companies and their subsidiaries - says R.P.N. Singh

Last updated: 15 March 2011

Government has prescribed percentage of profits for public limited companies and their subsidiaries says R.P.N. Singh For Public Limited Companies and their subsidiaries ceiling as percentage of profits is already prescribed. The Government also regulates the remuneration of managing directors / whole-time directors / managers (board level positions) of Public Limited Companies in accordance with the provisions of Schedule XIII of the Companies Act, 1956. Listed Companies and subs
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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