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Net remuneration definition

Net remuneration means the amount by which remuneration exceeds twice the annual maximum personal rate of State Pension (Contributory) payable from time to time to a person who has no adult dependent or qualified children.
Net remuneration means the amount by which remuneration exceeds twice the annual maximum personal rate of State Pension (Contributory) payable from time to time.
Net remuneration means the Gross Remuneration less the Fee; Overpayment means any payment You receive in respect of pay, salary, reimbursement, allowance, leave or benefit to which You are not entitled under the terms of the Recruitment Contract or by law, whether that payment is by accident, mistake or otherwise; Pay Period means the specified timeframe or interval specified in the Recruitment Contract as the period in respect of which You are to be paid; Payments means the total sum of monies that OnPoint Recruitment receives for a Pay Period in relation to the Engagement excluding any amount it receives on account of reimbursements to be paid to You in relation to the Engagement; Personal Information has the meaning given to that term in the Privacy Act;

Examples of Net remuneration in a sentence

  • Net remuneration is arrived at after deduction of Income Tax.(2) The nature and conditions of employment are non contractual.

  • Net remuneration means the difference between remuneration and twice the maximum personal rate of State Pension (Contributory).

  • Net remuneration is arrived at after deduction of Income Tax.2) The nature and conditions of employment are non contractual.

  • Net remuneration paid for FY 2013-14 works out to ` 24 lacs p.a.In view of the profit earned during the current year, the company has retained remuneration payable to Managing Director for financial year 2014-15 at ` 48 lacs p.a.NOTE – 35:Interest received during the year was ` 785.29 Lacs (Previous Year ` 3,163.27 Lacs) and Tax Deducted at Source from interest income was ` 78.37 Lacs for the year ended 31st March 2015.

  • Net remuneration amounted to:▪ PLN 112,000 on account of audit of the annual financial statements,▪ PLN 48,000 on account of audit works in relation to the individual interim report of SAM as of 30 June 2011 for the purpose of review of the consolidated group report by Stalexport Autostrady and review of the consolidated financial statements of Stalexport Autostrady Group.

  • Net remuneration is arrived at after deducting income-tax, contribution to provident fund, superannuation fund, gratuity fund, mediclaim premium, personal accident insurance premium, telephone expenses, car expenses, taxable rent, furniture perks, etc.

  • Other expenses55,459.32Total expenses66,096.95(*) Net remuneration received by Natixis TradEx Solutions, which may not exceed 40% of the income generated by these transactions.

  • Tax thresholds (any natural person) Standard income tax on employees (SITE): Level: Net remuneration: R60 000Lump sum benefits from retirement fundsThere are two categories of lump sum benefits –• retirement fund lump sum benefits; and• retirement fund lump sum withdrawal benefits.

  • The containers shall be kept in a clean and sanitary condition.PAYT bags will be made available for purchase at commercial locations in Town.

  • The term ‘remuneration’ has the meaning assigned to it under the Companies Act, 2013.2. Net remuneration comprises cash income less income tax, education cess deducted at source and employee’s own contribution to provident fund.3. The Chief Financial Officer has been granted Stock Options by ITC in previous year(s) under its Employee Stock Option Schemes at ‘market price’ [within the meaning of the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014].


More Definitions of Net remuneration

Net remuneration is either the employee's actual remuneration, with deductions made for the amounts deferred during the period of deferral, or the amount of deferred remuneration paid to the employee during the deferred salary leave, as the case may be. “Period of leave” is the number of months during which the employee is on leave in accordance with the contract.
Net remuneration of a person for a year means the aggregate of all amounts each of which is the amount by which an amount the person receives in the year as remuneration referred to in subparagraphs 1 or 2 of the third paragraph of section 303 of the Act respecting health services and social services (chapter S-4.2) exceeds the part of that amount which, under a group agreement governing the payment of the remuneration, or if there is no such agreement, under a ministerial order under subparagraph 2 of the third paragraph of that section 303, is attributable to the total of
Net remuneration means the amount by which remuneration exceeds twice the annual maximum personal rate of State Pension (Contributory) payable to a person who has no adult dependant or qualified children.
Net remuneration means the amount by which remuneration exceeds twice the annual maximum personal rate of Old Age (Contributory) Pension;
Net remuneration means the amount by pensionable remuneration exceeds twice the rate of State Pension (Contributory) payable from time to time to a person who has no adult dependant or qualified children;
Net remuneration means the amount by which remuneration exceeds twice the annual maximum personal rate of Old Age Contributory Pension payable from time to time to a person who has no adult dependant or qualified children.

Related to Net remuneration

  • Remuneration means any money or its equivalent given or passed to any person for services rendered by him and includes perquisites as defined under the Income-tax Act, 1961;

  • Remuneration Report means the remuneration report which forms part of the Directors’ Report of the Company for the financial year ended 30 June 2020 and which is set out in the 2020 Annual Report.

  • Remuneration Committee means the remuneration committee appointed by the Board;

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Annual Compensation means the wages paid to the member during covered employment within the meaning of Section 3401(a) of the Internal Revenue Code, but determined without regard to any rules that limit the remuneration included in wages based upon the nature or location of employment or services performed during the plan year plus amounts excluded under Section 414(h)(2) of the Internal Revenue Code and less reimbursements or other expense allowances, cash, or noncash fringe benefits or both, deferred compensation, and welfare benefits. Annual compensation for determining benefits during any determination period may not exceed the maximum compensation allowed as adjusted for cost of living in accordance with §5-10D-7 of this code and Section 401(a)(17) of the Internal Revenue Code.

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Annual Salary means the salary given under this Part.

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • Employment Year means each twelve-month period, or part thereof, during which Employee is employed hereunder, commencing on the Commencement Date and on the same day of the subsequent calendar year and each consecutive 12 month period thereafter.

  • Annual Fees means the annual fees determined by the Council in terms of section 27;

  • Base Pay means Executive’s annual base salary rate as in effect from time to time.

  • Final compensation of a member means:

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Earnable compensation means the full rate of the

  • Service Year means fiscal year, except that:

  • Annual Fee has the meaning stated in Section 4.02(a).

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • Basic Compensation means Salary and Benefits.

  • Annual Retainer for a particular Director means the retainer (including any additional amounts payable for serving as lead Director or on any committee of the Board), payable to that Director for serving as a Director for the relevant Remuneration Period, as determined by the Board;

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;