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Power of AO to Grant Stay — Whether Discretionary or Controlled By the Instructions and Circulars
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Tax Implications in the Hands of Successor / Resulting Company
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Capital Gains Tax Implications in Singapore on Capital Reduction or Liquidation
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Legal Considerations for Start-Ups – Are you overlooking some?
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May 2011

Amendment to Companies (Particulars of Employees) Rules, 1975 — Increase in the limits.

By Sejal Vasa | Company Secretary

Reading Time 1 mins

Section 217 of the Companies Act, 1956 requires certain particulars of employees to be disclosed in the Board’s report, who draw remuneration in excess of the prescribed limits. Vide this amendment; these limits are increased from Rs.24 lakh per annum and Rs.2 lakh per month to Rs.60 lakh per annum and Rs.5 lakh per month, respectively.

For complete text of the Notification visit

http://www.mca.gov.in/Ministry/notification/pdf/ Notification_31mar2011.pdf

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May 2011

Amendment to Companies (Particulars of Employees) Rules, 1975 — Increase in the limits.

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May 2011

Amendment to Companies (Particulars of Employees) Rules, 1975 — Increase in the limits.

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You May Also Like

(2011) 22 STR 578 (Tri.-Ahmd.) — Ultratech Cement Ltd. v. Commissioner of Central Excise, Bhavnagar.

(2011) 22 STR 581 (Tri.-Del.) K. S. Transformers (P) Ltd. v. Commissioner of Central Excise, Jaipur-I.