what is the differece between salary and remuneration?

Answers were Sorted based on User's Feedback



what is the differece between salary and remuneration?..

Answer / sashirekha

salary is fixed by the organisation for the various levels
of the organisation , for ex, govt. and quasi govt.
organisation . no deviations are allowed at any level.
full revision only possible. remunaration is the amount one
can claim or one has to give for the value of service
extracted or rendered. one salaried person may not be
remunerated properly. remunaration is bargainable.
understand the mild differance

Is This Answer Correct ?    20 Yes 2 No

what is the differece between salary and remuneration?..

Answer / preethi.j

Salary:Fixed compensation for services, paid to a person on
a regular basis.
Remuneration:pay or compensation that one receives for a
service not on regular basis . it includes
benefits,allowances,other perks.

Is This Answer Correct ?    9 Yes 3 No

what is the differece between salary and remuneration?..

Answer / v.thrishul

salary for low and top level categories, but remuneration
mostly for top level categories

Is This Answer Correct ?    7 Yes 6 No

Post New Answer

More Accounting General Interview Questions

companys act

2 Answers  


if a company purchased cell phones for employees how to treat that expenses is it asset for the company under which ledger it will come pls tell me friends?

6 Answers  


last year company profit is Rs 50.000 ,the part of the profit is transfer to reserve and surplus account . but the current year company suffering loss .in that situation company can take help Rs 25000 from reserve and surplus . if yes than how can ,please reply me what is general entry

3 Answers   IBM, TCS,


The following figures relate to the trading activities of M/s ABC Traders Ltd for the year ending 31 March 2004. Particulars Amount (Rs) Sales 5,20,000 Opening stock 76,250 Purchases 3,22,250 Closing stock 98,500 Sales return 20,000 Selling and Distribution Expenses Salaries 15,300 Advertising 4,700 Travelling 2,000 Administrative Expenses Salaries 27,000 Rent 2,700 Stationery 2,500 Depreciation 9,300 Other charges 16,500 Provision for tax 4,000 Non Operating Income Dividend on shares 9,000 Profit on sales of shares 3,000 Non Operating Expenses Loss on sale of fixed asset 4,000 You are required to: (i) Arrange the above figures in a form suitable for analysis. (ii) Show separately the following ratios. Net profit ratio Operating ratio Stock turnover ratio

1 Answers   Candico,


what is assest and liability? give examples

2 Answers  






Labour charge 100000  deduction tds 5%

3 Answers  


what is journal entry for outstanding bills payables?

2 Answers  


what is a difference between Sale as per return or sale as per book.. please explane it..

3 Answers  


Is an "account receivable" and "goodwill" real accounts in accounting?

0 Answers  


why should we treat closing stock credit side in trading account , and why the reason the closing stock should not appear in the trial balance ?

3 Answers   Capital IQ, XL Dynamics,


Please tell me under which heads following ledgers should open or create. 1. Vat on Sales 2. Vat on Purchases 3. Excise on Sales 4. Excise on Purchases 5. Service Tax Input 6. Service Tax Output It’s urgent for me.

14 Answers   Genpact, IMK, MMS,


Is there Disqualification of Auditor u/s 139 of Companies Act 2013 if the auditor is indebted towards the company to be appointed as an auditor, if amount exceeds more than Rs.1000 as against the provision related to Companies Act, 1956 ?

0 Answers  


Categories