Mukesh Ambani to forgo entire salary for a year

April 30: Chairman and Managing Director Mukesh Ambani forgo his entire salary for the year 2020-21. The Reliance Industries today (April 30 2020),  announced that its entire senior leaders and board to take pay cut between the range 10 to 50% as a proactive measure to tackle economy pressures during coronavirus outbreak.

Reliance Industries Ltd (RIL) said, that employees whose salaries are less than Rs 15 Lakh per year will not see pay cut. Whereas, the employees whose salaries are over Rs 15 Lakh will see a fixed pay cut.