Dear friends,
I have to prepare a training bond for one of our employees who is travelling abroad.
Please advice me, what value of stamp paper I need to buy for the amout of Rs. 30,00,000/-.
Thanking you
advice
Advice (engineer) 30 March 2010
Dear friends,
I have to prepare a training bond for one of our employees who is travelling abroad.
Please advice me, what value of stamp paper I need to buy for the amout of Rs. 30,00,000/-.
Thanking you
advice
Vinod kashyap (Advocate & Legal advisor) 31 March 2010
You shall execute training bond on Rs.100/- stamp paper.
Advice (engineer) 31 March 2010
Thank you for your information,
One of our Old HR has done with Rs. 50/- stamp paper is it valid if the employees break the contract?
I want to know few information regarding training cost consideration.
What are all cost I can claim if the employee break the training bond.
Looking for your valuable advice
Vinod kashyap (Advocate & Legal advisor) 01 April 2010
all axpences related to training but does not include salary & allownces which is part of wages. you can recover cost of training but strict proof of expences required.
Advice (engineer) 01 April 2010
Dear sir,
Thank you for your input
I have breakdown the expenses
Flight ticket and visa – - 1,00,000/-
Boarding & lodging, travelling and incidental expenses – 12,00,000/-
Special allowances paid in abroad during the training - 14,00,000/-
Medical insurance abroad – - 3,00,000/-
---------------------------
Sum : Rs. 30,00,000 /-
If employee break the training bond, i can recover above expenses legally?