https://www.taxtmi.com/caselaws?id=460918 Remuneration paid to a Managing Director can constitute "wages" under the Employees' State Insurance Act when the individual is appointed under terms of employment and performs functions in an employee capacity. A company may lawfully place a director in a dual role as director and employee, and monthly remuneration for services rendered in that employee role falls within the statutory definition of wages. On that basis, the Managing Director's pay is includible for ESI contribution purposes, and exclusion of such remuneration is not sustainable. en-us Mon, 26 Sep 1983 00:00:00 +0530 Mon, 03 Mar 2025 12:21:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460918 Remuneration paid to a Managing Director can constitute "wages" under the Employees' State Insurance Act when the individual is appointed under terms of employment and performs functions in an employee capacity. A company may lawfully place a director in a dual role as director and employee, and monthly remuneration for services rendered in that employee role falls within the statutory definition of wages. On that basis, the Managing Director's pay is includible for ESI contribution purposes, and exclusion of such remuneration is not sustainable. Case-Laws Indian Laws Mon, 26 Sep 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460918