Salary threshold amendment increases reporting thresholds for employee disclosure under rule 1A, affecting eligibility for particulars. Amendment to rule 1A of the Companies (Particulars of Employees) Rules, 1975 substitutes higher monetary thresholds in clause (a) and clause (b), thereby raising the remuneration limits that determine which employees fall within the rule's disclosure obligations. The changes are effected by the Companies (Particulars of Employees) (Amendment) Rules, 2000 and take effect on publication in the Official Gazette under the statute's amendment power.
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Salary threshold amendment increases reporting thresholds for employee disclosure under rule 1A, affecting eligibility for particulars.
Amendment to rule 1A of the Companies (Particulars of Employees) Rules, 1975 substitutes higher monetary thresholds in clause (a) and clause (b), thereby raising the remuneration limits that determine which employees fall within the rule's disclosure obligations. The changes are effected by the Companies (Particulars of Employees) (Amendment) Rules, 2000 and take effect on publication in the Official Gazette under the statute's amendment power.
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