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Hello 🐟🎏
When will be the retention bonus will be paid if a candidate joined TCS in the middle of the financial year. I.e September'22... Will that be paid on next year's September'23 Month only after completing an year in TCS?
And will the Retention bonus will also be considered as taxable income of the the current year taxes(2022-23)?
Looking for valuable suggestions!!!
Tata Consultancy
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Your question isn’t entirely clear. If this is an existing franchise owned by someone else, you’ll need to to figure out EBITDA. If you intend to become a franchisee (start from scratch with brand support), you shouldn’t invest any more than the franchise fee and required investment amount in equipment and WC. With franchises, it is advisable to get the FDD (franchise disclosure document) and read it cover to cover. It’s a legal document and give great detail about franchisees in a system, profitability, requirements etc. hope this helps.