Hi,
My dad is retired but he does not get pension because he has retired from Dubai. He was in a government job which got over in 2000 and he got a lumpsum gratuity amount from there (which he has invested in buying a new house). But from his last job in Dubai in 2006 he did not get any gratuity because it was a small private company.
Now if he is asked what does he do in India. I told him to say that he is Retired because he is actually Retired. But if asked how much Pension does he get, he does not get any pension. Is it a good idea to say that he does not get Pension but when he retired from Dubai he got a gratuity of Rs........which he has invested in buying a house in Pune.
Or I was thinkign instead of just saying that he is Retired, he can say "I am Retired but I have investments in xxxx Company and get Rs......income from there". He does have investments in a few places in India. He eventually wishes to start his own business. Is it a good idea to say that he is eventually planning to start a new business in India?
Because if he asked to show the gratuity papers (which he doesn't have) it will still be dated 2000 but he returned from dubai in 2006.
Please let me know what answer would be best suitable for him.
Thanks
My dad is retired but he does not get pension because he has retired from Dubai. He was in a government job which got over in 2000 and he got a lumpsum gratuity amount from there (which he has invested in buying a new house). But from his last job in Dubai in 2006 he did not get any gratuity because it was a small private company.
Now if he is asked what does he do in India. I told him to say that he is Retired because he is actually Retired. But if asked how much Pension does he get, he does not get any pension. Is it a good idea to say that he does not get Pension but when he retired from Dubai he got a gratuity of Rs........which he has invested in buying a house in Pune.
Or I was thinkign instead of just saying that he is Retired, he can say "I am Retired but I have investments in xxxx Company and get Rs......income from there". He does have investments in a few places in India. He eventually wishes to start his own business. Is it a good idea to say that he is eventually planning to start a new business in India?
Because if he asked to show the gratuity papers (which he doesn't have) it will still be dated 2000 but he returned from dubai in 2006.
Please let me know what answer would be best suitable for him.
Thanks
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