Approval of reimbursement of medical expenses incurred beyond the ceiling mentioned in the total managerial remuneration package
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....ject:- Approval of reimbursement of medical expenses incurred beyond the ceiling mentioned in the total managerial remuneration package In supersession of this Department's Circular No. 1/91, dated 12th February, 1991, I am directed to say that in accordance with the provisions of Part II of Schedule XIII of the Companies Act, 1956 no separate ceiling has been prescribed for expenses incurred o....
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....y also like to advise your members that such proposals are normally considered by the Central Government within the framework of the policy as stated below : (a) Having regard to the improved medical facilities available in India, the managerial personnel should obtain specialised treatment abroad only in exceptional and deserving cases. All proposals for reimbursement ....
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