Whole-Time Directors Are Employees: RCM Confirms No Service Tax on Director's Remuneration, Including Variable Pay.

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....Reverse charge mechanism (RCM) - Remuneration paid to Directors - The whole time director is essentially an employee of the Company - mere fact that the whole time director is compensated by way of variable pay will not in any manner alter or dilute the position of employer - employee status between the company assessee....