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21 December 2019 at 16:56

Gratuity LIC Policy

We are Pvt Ltd Company and plan to take gratuity policy from LIC for contractor worker gratuity payments.
what is the best way to take Policy in 2 options .
1) Policy in name of contractor .
2) Policy in name of company (Principal employer)


18 December 2019 at 17:03

PF

Hi

A person had resigned from his job and he is yet to get his new job. In such circumstances how long the PF account shall be kept inactive. Is there any time limit or we need to withdraw the amount immediately.

Pl. advise

Thanks


16 December 2019 at 16:09

FEMA

Sir/Madam,

If in FCGPR the date of issue of debentures are mentioned wrongly beyond 60 days and RBI issued a notice for clarification.
Can anyone file the revised FCGPR ,if no please guide what are the consequences and what are the process to overcome from this situation.


11 December 2019 at 09:38

Technology Transfer Agreement

Hi,

Please provide Technology Transfer Agreement (from India to outside India) for reference purpose or also if possible share the clauses which need to be included in the agreement.

Thanks in advance.


05 December 2019 at 12:10

LLP

please provide the format of dissolution in case one of the two partner dies in LLP
mail id - hsa.riya01@gmail.com


05 December 2019 at 11:44

LLP

format of llp deed in case of death of a partner


05 December 2019 at 10:55

Society Registration

As per the JK State Reorganization act 2019, the society registration act VI of 1998 of JK stands repealed. Now how to amend the the registration and under which law?


The Bonus rule for set on and set off of allocable surplus states as under:

Where for any accounting year the allocable surplus exceeds the amount of maximum bonus payable to the employees in the establishment under section 11, then, the excess shall, subject to a limit of 20% of the total salary or wages of the employee employed in the establishment in that accounting year, be carried forward for being set on in the succeeding accounting year and so on up to and inclusive of the fourth accounting year to be utilized for the purpose of payment of bonus in the manner illustrated in the fourth schedule.
Our confusion is as under:

There is set on of Rs. 50,000/- in the accounting year 2014-15. This amount of set on should be carried forward in 2015-16, 2016-17, 2017-18 and 2018-19 and nullified in 2019-20 or should be carried forward in 2015-16, 2016-17, 2017-18 and nullified in the year 2018-19 ?
The confusion has arisen by the words “being set on in the succeeding accounting year and so on up to and inclusive of the fourth accounting year “. For the accounting year 2014-15, the first succeeding accounting year is 2015-16, 2nd year is 2016-17, 3rd year is 2017-18 and 4th year is 2018-19. Therefore the set on should be carried on up to 2018-19 and should be nullified in accounting year 2019-20.
However, if the 1st year is to be taken as accounting year 2014-15 itself, then 4th year is 2017-18 and therefore the amount of set on should be nullified in 2018-19.

We request the club member to help me in the matter.


04 December 2019 at 16:08

Society Registration

As per the JK State Reorganization act 2019, the society registration act VI of 1998 of JK stands repealed. Now how to amend the the registration and under which law?


29 November 2019 at 11:01

Gst on entertainment expenses

res sir,

kindly tell me gst on entertainment expenses is allowed in law.
i am working in manufacturing / trading unit both

thanks & regards



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