1. Remuneration to partners : No salary or remuneration is allowed to any partner. [Section 13(a)
2. Profit sharing ratio : Profit and losses are to be shared by the partners equally. [Section 13(b)]
3. Interest on capital : No interest is allowed on the capital. When a partner is entitled to interest on capital contributed as per partnership deed, such interest on capital will be payable only out of profits .[Section 13(c)]
4. Interest on loans advanced by partners to the firm : Interest on loan is to be allowed at the rate of 6 percent per annum. [Section 13(d)]
5. Interest on drawings : No interest is charged on the drawings of the partners.