Amendment to employee particulars thresholds increases reporting limits and revises monetary criteria, effective on Gazette publication. Amendment increases monetary thresholds in rule 1A of the Companies (Particulars of Employees) Rules by substituting higher amounts in clauses (a) and (b). The Central Government issues the Companies (Particulars of Employees) (Amendment) Rules, 1994 under powers granted by sub section (2A) of section 217 read with clause (a) of sub section (1) of section 642 of the Companies Act, 1956, and the rules come into force on publication in the Official Gazette.
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Amendment to employee particulars thresholds increases reporting limits and revises monetary criteria, effective on Gazette publication.
Amendment increases monetary thresholds in rule 1A of the Companies (Particulars of Employees) Rules by substituting higher amounts in clauses (a) and (b). The Central Government issues the Companies (Particulars of Employees) (Amendment) Rules, 1994 under powers granted by sub section (2A) of section 217 read with clause (a) of sub section (1) of section 642 of the Companies Act, 1956, and the rules come into force on publication in the Official Gazette.
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