Dear All, Can any one let me know how to calculate fee structure for retainer. need it urgently........ thanks in advance Shreya
From India, Ahmadabad
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2From India, Ahmadabad
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hi all, are there any retainers here, who deal in training consultation in organizations Regards Shreya
From India, Ahmadabad
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From India, Ahmadabad
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im really sry for being so unclear, actually i need to know if anyone can help me develop a fee structure for retainers who deal in soft skills training for organizations Regards Shreya Mishra
From India, Ahmadabad
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From India, Ahmadabad
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Hi, The major component can be under 'Professional Services Charges' and Rs. 800 per month under transportation charges. Also ensure that you deduct all applicable taxes. Regards, Alpha
From United States, Mountain View
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From United States, Mountain View
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Dear Shreya,
Retainers are personnel retained after the age of 58 or 60 due to the non-availability of competent personnel in that particular post. Their salaries are fixed by the management, unlike other personnel working in a firm or factory. They are paid a normal salary as decided by the management with a deduction of TDS. They are not eligible for PF or Gratuity. They work like normal employees from 9 to 5 or whatever the timings are. If they are working in a factory, they follow the factory rules.
At times, Retainers are appointed to avoid tax implications in the normal day-to-day working.
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Retainers are personnel retained after the age of 58 or 60 due to the non-availability of competent personnel in that particular post. Their salaries are fixed by the management, unlike other personnel working in a firm or factory. They are paid a normal salary as decided by the management with a deduction of TDS. They are not eligible for PF or Gratuity. They work like normal employees from 9 to 5 or whatever the timings are. If they are working in a factory, they follow the factory rules.
At times, Retainers are appointed to avoid tax implications in the normal day-to-day working.
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I would like to add the fact that nowadays, retainers could also be people who work for an organization, regardless of whether they are above 58-60 years old, and are paid a salary with tax deductions (TDS). This arrangement saves the company from contributing to PF and other benefits on the retainer's behalf.
From India, Mumbai
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From India, Mumbai
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Soft skills training program.pdf