Elementor #254

EMPLOYER - EMPLOYEE SCHEME

        As per the instruction issued vide Circular Ref. U & R 20/2007 dated 24th October 2007. LIC were not allowing insurance under the employer-employee scheme if the beneficial ownership of the employee in the employer company is in excess of 5% For ascertaining the limit of 5% shareholding or ownership held by concerned employee, his/ her spouse, children, sons-in-law, daughters-in-law. parents brother or sisters was being aggregated together.

Please follow and like us:
error20

Leave a Reply

Close Menu
Social media & sharing icons powered by UltimatelySocial
error

Enjoy this blog? Please spread the word :)

Facebook
Facebook
YouTube0
YouTube