What is the meaning of managerial remuneration
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REMUNERATION MEANS ANY MONEY OR ITS EQUIVALENT GIVEN TO ANY PERSON FOR SERVICES RENDERED BY HIM AND INCLUDES THE PERQUISITES MENTIONED IN THE INCOME TAX ACT 1961.MANAGERIAL REMUNERATION IN SIMPLE WORDS IS THE REMUNERATION PAID TO MANAGERIAL PERSONNELS .
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Hey mate here is your answer
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Managerial Remuneration<br />Managerial remuneration is the salary paid to the managers of the company on the Top management level.<br />Example of one such post is Director of the company.<br />The managerial remuneration is operated under Companies Act, 1956
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