Amendment to Schedule V of the Companies Act., 2013-MCA

1 minute, 49 seconds Read

Amendment to Schedule V of the Companies Act., 2013-MCA


[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (ii)] 

Government of India 
MINISTRY OF CORPORATE AFFAIRS 
Notification 

New Delhi, 18th March, 2021. 

S.O……(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following amendments to Schedule V of the said Act, namely –

2.In Schedule V of the Companies Act, 2013, in PART II, under the heading “REMUNERATION”. –

(a) in Section I, in the first para, after the words “managerial person or persons”, the words “or other director or directors” shall be inserted; 

(b) in Section II,–

(i) after the words “managerial person”, wherever occurred, the words “or other director” shall be inserted;

(ii) for table (A):, the following shall be substituted, namely.-

MCA Amend Schedule  V of the Companies Act. 2013

Click on the view/download to read the full notification:

Source: MCA


Also read other articles @ EduTaxTuber

How To Create Multiple Ledgers in Tally Prime?
In this article, we will discuss that how we can create multiple ledgers in Tally Prime. If we create multiple ledgers then we can save our time on the other hand If we create a single ledger then it will …
TallyPrime: Important Shortcut Key ALT + G or GO To
In this article, we will discuss the new and unique shortcut key ALT + G or GO To in the TallyPrime. With the help of the ALT + G shortcut key, you can navigate in tally anywhere. ALT + G …

If you want to make the lower case, The Excel LOWER function Converts all uppercase letters in a text string to lowercase. It ignores space, numbers, and punctuation. Visit this link – Excel LOWER Function.

The Excel PROPER function Capitalizes the first letter in a text string and any other letters in the text that follow any character other than a letter. It Converts all other letters to lowercase letters. Visit this link – Excel PROPER Function

Create TDS Nature of Payment

From the gateway of Tally press “C” then select “TDS Nature of Payments” under the Statutory Masters and press Enter. OR Press “ALT + G” select Create Master press Enter and select “TDS Nature of Payment” under the Statutory Masters and hit the enter button.

How To Check PM- Kisan Samman Nidhi Yojna Beneficiary Status

In this article we will see in detail how to check “PM- Kisan Samman Nidhi Yojna” beneficiary status i.e. whether money is received or not. You can check it Online. You can check in three ways i.e using 1. Aadhar Number, 2. Bank Account Number, and 3. Mobile Number.…. Read More

EduTaxTuber Team

EduTaxTuber Team

We are here to help for every updates related to everything...👍📙👍📗

Similar Posts

Leave a Reply