<h1>CEO Salary Capped at 5% of Profit, 10% with Multiple Directors Under Companies Act, 1956; Exceedable with Approval.</h1> The Minister of State for Corporate Affairs informed the Lok Sabha about the remuneration limits for CEOs under the Companies Act, 1956. A CEO's salary is capped at 5% of a company's net profit if there is only one Whole Time Director or Manager, and 10% if there are multiple. For companies with inadequate profits or losses, remuneration follows Schedule XIII of the Act. Companies can exceed these limits with Central Government approval. This information was provided in response to a query about CEO salary limits and compliance under the Companies Act, 1956.