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<h1>Clarification on 'Remuneration' and 'Last Employment Held' under Companies Rules, 1975; Salary Disclosure Threshold Revised.</h1> The circular clarifies queries related to the terms 'remuneration' and 'last employment held' under the Companies (Particulars of Employees) Rules, 1975. It specifies that under section 217(2A) of the Act, companies must disclose in the directors' report details of employees earning a monthly salary above a certain threshold. Initially set at Rs. 3,000 per month, this threshold was increased to Rs. 6,000 in 1988 and further to Rs. 12,000 effective from September 18, 1990. This latest revision applies to directors' reports for financial years ending on or after this date.