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<h1>Clarification on 'Remuneration' and 'Last Employment Held' under Companies (Particulars of Employees) Rules, 1975 for Consistent Reporting.</h1> The circular addresses queries concerning the interpretation of 'remuneration' and 'last employment held' under the Companies (Particulars of Employees) Rules, 1975. It clarifies whether 'remuneration received' includes all expenses incurred by companies for employee benefits or should be valued based on the Income-tax Act, 1961. The Department reaffirms the position stated in Circular Letter No. 23/76, dated 6-8-1976, which supersedes any previous interpretations. This clarification aims to ensure consistent application of the rules regarding employee remuneration reporting by companies.