Question

managerial remuneration caculation

Answer 1

$\huge\boxed{\fcolorbox{white}{pink}{answer}}$

The manager of a company may receive remuneration by way of a monthly payment and/or by way of a specified percentage on net profit calculate according to Sees. 349, 351 provided that such remuneration shall not exceed in the aggregate of 5% of the net profit without the approval of the Central Government

$<marquee behavior="down">hope it helps you$