The maximum limit for Board level managerial remuneration in the Corporate 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 Corporate Affairs, Shri Sachin Pilot, said that in case of Non Whole-Time Directors its 1% of net profit.

Managerial remuneration limits: Managing and Whole Time Directors tied to a share of net profits; non whole time directors capped lower. Board level managerial remuneration under the Companies Act is subject to fixed limits tied to net profit: remuneration for a Managing Director or Whole Time Director is capped at ten percent of net profit, while remuneration for Non Whole Time Directors is capped at one percent of net profit.