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of <h1>India Doubles Salary Thresholds for Employee Disclosure in Companies Act, 1975 Amendment: Key Changes to Rule 1A</h1> The Companies (Particulars of Employees) (Amendment) Rules, 2002, issued by the Government of India, amends the Companies (Particulars of Employees) Rules, 1975. Effective upon publication in the Official Gazette, the amendment modifies Rule 1A, increasing the salary thresholds for disclosure. Clause (a) changes the threshold from 'twelve lakhs' to 'twenty-four lakhs,' and clause (b) adjusts from 'one lakh' to 'two lakhs.' These changes are enacted under the authority of section 217(2A) and section 642(1)(a) of the Companies Act, 1956.
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