Web3. Whether RCM will always be applicable on “Sitting fees” payable to directors? It depends upon contractual terms, regularity, and responsibilities. If a director is regularly employed … WebFeb 15, 2024 · SAC code under RCM: Contents; what is the SAC code for Director sitting fees. Posts / Replies. Showing Replies 1 to 3 of 3 Records. 1 Dated: 15-2-2024 By:- Alkesh …
GST on consideration paid to a director - Vinod Kothari
Remuneration can come in 2 forms, namely director’s fees and salary. The type of remuneration received will affect the need for disclosure of the … See more As salaries are considered company expenses, directors’ salaries (if any) should be disclosed as part of the company’s expenses in its annual report. As for … See more Companies have to make CPF contributionsonly in respect of the salaries paid to directors who are considered employees engaged under a contract of service. … See more Director’s salaries are taxablesince such salaries are considered income derived from the director’s employment. Directors’ fees are generally taxable as well, but … See more Under section 168 of the Companies Act, companies are prohibited from making any payment of compensation to a director for their loss of office, unless the … See more WebThe RSCM is not a professional organisation for church musicians. It is, however, a body which tries to assist churches with their music – and that includes advice on … snapshot rds aws
CBIC Clarifies Applicability Of GST On Directors
WebRevenue cycle management (RCM) is the financial process, utilizing medical billing software , that healthcare facilities use to track patient care episodes from registration and … WebRecently Rajasthan Authority of Advance Ruling in case of Clay Craft India Pvt Ltd has given ruling that, GST is payable under RCM, on Salary paid to director. [ Advance Ruling No RAJ /AAR/2024-20/33 dated 20th Feb 2024]. Said Ruling is pronounced in terms of, Entry 6 of Notification No 13/2024 CT dated 28.06.2024, as per which, on service provided by … WebApr 10, 2024 · The board of directors for Unreal corp. approved a payment package of 1,00,000 per month including the bonus for one of its directors. Show accounting and … snapshot realtor