Employee remuneration thresholds raised under company disclosure rules, altering which employees must be reported in statutory filings. The Central Government amends rule 1A of the Companies (Particulars of Employees) Rules, 1975, substituting higher monetary limits: in clause (a) the prior threshold is replaced by a higher threshold for annual remuneration that triggers the obligation to disclose employee particulars, and in clause (b) the lower threshold is increased for related disclosure criteria; the amendment takes effect upon publication in the Official Gazette under powers conferred by section 217(2A) read with section 642(1)(a) of the Companies Act, 1956.
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Employee remuneration thresholds raised under company disclosure rules, altering which employees must be reported in statutory filings.
The Central Government amends rule 1A of the Companies (Particulars of Employees) Rules, 1975, substituting higher monetary limits: in clause (a) the prior threshold is replaced by a higher threshold for annual remuneration that triggers the obligation to disclose employee particulars, and in clause (b) the lower threshold is increased for related disclosure criteria; the amendment takes effect upon publication in the Official Gazette under powers conferred by section 217(2A) read with section 642(1)(a) of the Companies Act, 1956.
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