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DIRECTOR REMUNERATION


sunil saini (accountant)     19 January 2021

sunil saini
accountant 
 36 points

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Calculation of Direct Remuneration in Pvt ltd co. and Ltd comapny.

Sourav

Sourav (Student)     19 January 2021

Sourav
Student 
 131 likes  2047 points

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300000 Rupees or 90% of book profit whichever is higher
balance book profit @ 60%

Kapadia Pravin

Kapadia Pravin   19 January 2021

Kapadia Pravin

 966 likes  15123 points

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As per Resolution passed in AGM

ayusmita

ayusmita (Tax consultant)     19 January 2021

ayusmita
Tax consultant 
 354 likes  5268 points

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The remuneration shall be paid to all the directors
in accordance with provision of section 197 of the companies act 2013
it's depends upon many factors
and the remuneration is fixed in the resolution
which is passed in the AGM meeting as per the companies act
maximum remneration of the directors are
if capital is
less than 5cr then 30 lakh
more than 5cr and less than 100 cr then 42lakh
more than 100 then 60 lakh
and other factors too include so read section 197 of company act


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