Chandra's remuneration went up by 20% in FY24
Business Standard|September 07, 2024
Tata Sons directors got 16% hike, employee cost rose 2.5%
DEV CHATTERJEE
Chandra's remuneration went up by 20% in FY24

The remuneration of Tata Sons Executive Chairman N Chandrasekaran went up 19.8 per cent to 135.3 crore in 202324 owing to a rise in commission on the profit of the unlisted, holding company of the group, according to its Annual Report.

The report said Chandrasekaran earned commission worth 121.5 crore while the rest was his salary and perquisites.

The remuneration of all Tata Sons directors rose 16 per cent with the company paying ₹200 crore to the top ones as compared to ₹172.5 crore in 2022-23.

The salary and remuneration of Tata Sons employees were up 2.5 per cent to ₹441 crore in the same period.

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