Maximum Limit for Board Level Managerial Remuneration in the Corporate Sector

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..... Maximum Limit for Board Level Managerial Remuneration in the Corporate Sector
News and Press Release
Dated:- 6-12-2013

The maximum limit for Board level managerial remuneration in the Co .....

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..... rporate Sector under the Companies Act is 10% of net profit in case of Managing Director / Whole-Time Directors. Giving this information in written reply to a question in the Lok Sabha, Minister of Co .....

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..... rporate Affairs, Shri Sachin Pilot, said that in case of Non Whole-Time Directors its 1% of net profit.
News - Press release - PIB .....

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