Approval of reimbursement of medical expenses incurred beyond the ceiling mentioned in the total managerial remuneration package
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....l 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 on medical treatment. This Department has bee....
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.... 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 on specialised medical treatment abroad must invariably be accompanied....




TaxTMI
TaxTMI