Table:
|  |  |  | (` lakh) |
| --- | --- | --- | --- |
| Particulars of Remuneration | Name of MD/WTD/Manager |  |  |
|  | Rajesh Gopinathan Chief Executive Officer and Managing Director | N Ganapathy Subramaniam Chief Operating Officer and Executive Director | Total Amount |
| Gross salary |  |  |  |
| (a) Salary as per provisions contained in Section 17(1) of the Income-tax Act, 1961 | 115.74 | 109.02 | 224.76 |
| (b) Value of perquisites u/s 17(2) of the Income-tax Act, 1961 | 126.76 | 13.30 | 140.06 |
| (c) Profits in lieu of salary under Section 17(3) of the Income-tax Act, 1961 | - | - | - |
| 2. Stock Option | - | - | - |
| 3.Sweat Equity | - | - | - |
| 4.Commission | 1,300.00 | 900.00 | 2,200.00 |
| as % of profit | 0.03 | 0.02 | 0.05 |
| 5.Others, Allowances | 60.35 | 138.76 | 199.11 |
| Total (A) | 1,602.85 | 1,161.08 | 2,763.93 |
| Ceiling as per the Act (@ 10% of profits calculated under Section 198 of the Companies Act, 2013) |  |  | 404,348.06 |
Paragraphs:
VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL
A. Remuneration to Managing Director, Whole-time Directors and / or Manager:
Question:
What is the ratio of commision to total gross salary of the COO?
Answer: 900/(109.02+13.30) = 7.36