One of the founder Directors of the Private Limited Company wants to retire because of his old age. He desires to know whether he is eligible for any retirement benefits like lump sum gratuity etc. I shall be grateful if this question is enlightened.
Menu
Retirement benefits of a private company founder director
Replies (2)
https://economictimes.indiatimes.com/wealth/invest/how-to-calculate-gratuity/articleshow/61913387.cms
I think this article will help you to understand how and how much an employee can get as gratuity.
Thank you Sir,
But I am afraid that this may not apply to Directors of a private company who are shareholders. I shall be grateful for any precedent in this case.
Regards
Recent Topic
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
Related Topics
CAclubindia
