WETHER GRATUITY APPLICABLE TO DIRECTORS. KINDLY PROVIDE THE SECTION REFERENCE
Ashish Sharma
(Service)
(1028 Points)
Replied 10 June 2010
Yes, Directors are employees of company, as the gratuity act include both managerial and administrative employee only exclude persons who hold post under the central and state government under definition of employees under section 2(e)
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)