Directors cum shareholders cum employee-- trinity?

A director who is in whole time employment of the company or a managing director may be paid remuneration either by way of a monthly payment or at a specified percentage of net profits of the company or partly by one and partly by the other.

Deduction towards PF can be made if he is not opted for excluded employee with in the meaning under the Act. Directors getting remuneration shall be excluded. Partners shall be excluded. Self employed (proprietor) if getting salary, is to be counted for computation of employees for coverage.

Directors salaries is exactly what it says on the tin. A sallaried directors pay. Director's remuneration is the amount paid to the directors of a company either in cash or by using the company's property with approval from the shareholders and board of directors. It includes salary, bonus, other rewards, etc

Grateful. 

Out of 7 shareholders,  6 are directors. The only one person holds 0.005% shares. If everybody is interested,  how such a poor guy could approve everything,? It is daylight that something is fishy.