05 August 2010
I have opened a Pvt Ltd Company. I want to know. 1. What is the remuneration payable to directors?The remuneration will be treated as his salary or like consultation fees. and Is Interest to paid on the capital invested by directors.
2. What is the remuneration payable to CEO? The remuneration will be treated as his salary or like consultation fees.
Kindly appreciate strict provisions related to managerial remuneration are not applicable to a private company. So you are free to give any remuneration to your management.