Question
A company has net profits of ₹50 lakhs. What is the
maximum remuneration payable to a single whole-time director without Central Government approval under Companies Act, 2013?Solution
As per Section 197 of the Companies Act, 2013: • Maximum managerial remunerationto one whole-time director is 5% of the net profits of the company (computed as per Section 198), without Central Government approval. So, in this case: • Net profits = ₹50,00,000 • 5% of ₹50,00,000 = ₹2,50,000
Which of the following organizations publishes the World Development Report?
Which NBFCs are now allowed to co-lend with private lenders under RBI’s 2025 Co-Lending Arrangement reforms?
Consider the following statements:
1.India has promised to cut its emissions to net zero by 2050.
2.India aspires to maximize the use of e...
Which year has been designated as the special year for tourism in Nepal?
Hakki Pikki Tribe, recently seen in the news, resides predominantly in which one of the following states?
Consider the following statement about ENCORE:
1. Home Ministry has designed this software ENCORE for complete Candidate and election managemen...
Cashfree Payments, in collaboration with the National Payments Corporation of India (NPCI), has launched an initiative. What is the name of this initiat...
Who is the writer of the book 'Him Taringini'?
Which bank has executed its first non-deliverable forex derivative transaction with Reliance Industries, after the Reserve Bank of India allowed such tr...
Which state government has launched the Fiber Optic Network scheme for digital empowerment. The aim is to provide internet access to all households ac...
Relevant for Exams:
