A situation has arisen involving a public limited company's intention to purchase a policy for its directors. The agreement entails that the director will dedicate a minimum of 10 years to the company's service, during which the company will cover the policy premium. This expense will be reflected in the company's profit and loss statement as a legitimate deduction under the Income Tax Act.
Throughout the initial 10-year span, the company retains ownership of the policy. After this period, ownership transfers to the employee-director. Consequently, all policy benefits accrue to the employee.
In this context, my query pertains to the calculation of the director's remuneration. Specifically, should the payment of the policy premium be included as part of the director's overall compensation package?
Foreign Direct Investment (FDI) policy, monitoring of Ease of Doing Business reforms and Investment Promotion and Facilitation activities. Investment Promotion is being carried out as an activity.
but if we want to do Overseas Investment, then what are the options available in the field of consultancy business ?
companies
indian
policy
investment
overseas
Dear Friends!
Who is the competent authority to approve CSR Policy?
Thanks and Regards
Vidushi Rohatgi
policy
Hi
Can anyone share draft policy of CSR as per latest amended rules for reference .
Thanks
policy
Hello,
What are the policies applicable for an unlisted public Company?
What procedures and formalities are required for implementing these policies?
In the Board Report we have to include Annexure i or Annexure II?
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amendment
Whether Risk Management Policy applicable for small companies also?
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management
risk
Why is the law not amended to have uniform policy for depreciation under both the acts (income tax act and companies act) in India?
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policy
uniform
Dear Respected Members,
If any one has formulated the Policy under Persons with disability act 2016 for their Organisation.
disability
persons
policy
draft
Dear Members
Please Suggest me
Whether display of CSR Policy of a Company on the website of the Company is mandatory or not?
