https://www.taxtmi.com/news?id=1659 Regulation addresses payment of remuneration to board-level officers in government companies and their subsidiaries under the statutory remuneration ceiling. Listed companies and subsidiaries of listed companies that are loss-making or have inadequate profits must obtain Government approval to pay remuneration in excess of the prescribed ceiling, in accordance with Schedule XIII of the Companies Act, 1956. en-us Thu, 03 Mar 2011 22:03:17 +0530 Thu, 03 Mar 2011 22:03:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1659 Regulation addresses payment of remuneration to board-level officers in government companies and their subsidiaries under the statutory remuneration ceiling. Listed companies and subsidiaries of listed companies that are loss-making or have inadequate profits must obtain Government approval to pay remuneration in excess of the prescribed ceiling, in accordance with Schedule XIII of the Companies Act, 1956. News - Thu, 03 Mar 2011 22:03:17 +0530 https://www.taxtmi.com/news?id=1659