Salary threshold increase under Companies (Particulars of Employees) Rules expands disclosure scope and includes government companies. The Companies (Particulars of Employees) Amendment Rules, 2011 increase the remuneration thresholds in rule 1A for mandatory employee particulars and amend the first proviso to rule 2 to include Government Companies alongside companies, updating both the per-financial-year and per-month disclosure thresholds to the new higher amounts; the amendment takes effect on publication in the Official Gazette.
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Salary threshold increase under Companies (Particulars of Employees) Rules expands disclosure scope and includes government companies.
The Companies (Particulars of Employees) Amendment Rules, 2011 increase the remuneration thresholds in rule 1A for mandatory employee particulars and amend the first proviso to rule 2 to include Government Companies alongside companies, updating both the per-financial-year and per-month disclosure thresholds to the new higher amounts; the amendment takes effect on publication in the Official Gazette.
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