Dear expert,

I want to know that if employee's age is going to more than 60, the pvt ltd company can continue as a employee of senior citizen or not. Please know me the age for SC and all the law regarding SC to work in pvt ltd company.

Facts of the case:
1. He is a sole proprietor
2. He has foreign clients in his clientele
3. Nature of business is that of Designing and printing
4. He expects to raise invoices of some in foreign currency and some in INR.

Query:
1. Whether FEMA is applicable to this enterprise?
2. If yes, pls can u guide me as to basic details as to how go about with the compliances of the act.
3. The enterprise is to start its operations from the next month.

Sir/Madam,

I attended an interview in one of a co-operative bank, they asked about senior citizen age. My answer was 60 years. I m confused whether its 60 or 65 years. As per the income tax rules, now the age is reduced from 65 to 60 years based on that i answered that question. kindly solve my query.

regards
Kavitha

Hello I will pursue graduate degree in BMS this year ,Now I am planning to pursue LLB degree through correspondence I want to know what are the procedures to seek admission in LLB
Plz reply

Hello Expert !!

I am Ex- Employee of Ernst and Young - Mumbai. I am a Nepali Citizen.I worked with that entity for 2.5 years. After resignation from the service i was told that PF regulation/ACT has got changed and i can withdrw my accumulated balance on the early of the following date:

a) Attaining 58 years or
b) Death..

My query is waiting till 58 years is quite long. Is there any way out to encash the PF balance.

Waiting for response.

Dear All,
I have a question on ESIC applicability.

If an employee is registered for ESI & his Gross Salary is Rs 14000 till March.
In April, his salary is increased to Rs 17000(Gross). Is he eligible to continue his ESIC contribution?
(employee want to continue ESI)

a law of parliament made with respect to a subject enumerated in the state list on which state has made no law is a valid law ? bcos in state list only state can make laws



a law of parliament on a subject enumerated in the concurrent list on which state law already exists-valid

if a company purchase a property in the name of the Director as "A.B.C. Dirctor of XYZ Co." and the payment is made by company,
whether this transaction is Benami?

and if property is purchased in personal capacity of Director and the payment is made by Company.
Whether this will amount to Benami?

A person is declared insolvent if his liabilities exceed his assets. Once declared insolvent, he loses his right to contract until he obtains Certificate of discharge from the Court. How and when is certificate of discharge issued to an insolvent? Is it issued automatically after a fixed period or it is to be applied for by the insolvent?

I am, in individual capacity, giving loan to one of my friends Rs. 2,00,000 in cash.

Now what documents(like stamp paper/promissory note) i need to get prepared. Is it legally enforceable for repayment in case if he does not pay.

Please describe in detail.

thank u in advance.