ECONOMICS

Detailed explanation-1: -As per Section 197 of the Act, the total managerial remuneration payable by a public company, to its directors, including managing director, whole time director and its manager, in respect of any financial year shall not exceed 11% of the net profits of that company.

Detailed explanation-2: -Total cost or cost of sales: This is the sum of the total cost of production and the total of selling and distribution overhead.

Detailed explanation-3: -How much does a Assistant Engineer-Drawing Office make? The national average salary for a Assistant Engineer-Drawing Office is ₹6, 82, 432 in India. Filter by location to see Assistant Engineer-Drawing Office salaries in your area.

Detailed explanation-4: -Sundry expenses are usually gifts, donations, or small one-time fees. General expenses are important company expenses like employee benefits, raw materials, or department costs. Usually, these make up the bulk of a company’s expenses.