The debate over remuneration of CEOs grew louder, today, with Planning Commission Deputy Chairman Montek Singh Ahluwalia saying that company heads should not be paid indecent salaries. Speaking to reporters in New Delhi, Ahluwalia said there are concerns over the issue, especially when governments across the world have pumped in 1.6 trillion dollars to bail out the global economy from the financial crisis. Calling it a global concern, he said it is the responsibility of corporate boards to fix CEO's salaries judiciously.Meanwhile, Corporate Affairs Minister Salman Khurshid clarified today that the government does not intend to control remuneration in India Inc., but it has to remain under some regulation.Corporate India today warned the government that any regulation of CEOs' pay may lead to flight of talent and capital from the country and said salaries are best decided by the industry. Industry chamber FICCI's president Harsh Pati Singhania said this in a statement in New Delhi. Meanwhile the Confederation of Indian Industry is working on a governance code for its members that would deal with remuneration of executives at board level and a level below.A CII task force, under the chairmanship of former Cabinet Secretary Naresh Chandra is studying the key issues ofCorporate governance, including the compensation packages of senior management. CII President Venu Srinivasan said CII always believes that corporates have a social responsibility and always supported self regulation.