Employment of a person of 60 years or more on salary basis
sunil
(Querist) 01 September 2016
This query is : Resolved
Dear Sir, 1.Can a person of 60 years or more can be employed on Salary? 2. Whether that person can be given HRA as a part of employment contract? 3. Whether the salary paid to such person will be taxed as Salary Income and TDS will be deducted as Salary Income or at a rate applicable on professionals or any others? 4. Whether any law of the land prohibits or bars employment of a person of 60 years or more as an employee in an organisation where normal retirement age is 60 years.
Ms.Usha Kapoor
(Expert) 06 September 2016
Dear Client,
After Globalization and Liberalization now a days whatever may be your age if you enjoy robust health and have oodles of talent in some subject you can be absorbed in a gainful employment in Private sector. There is no age bar as such.
Rajendra K Goyal
(Expert) 27 September 2016
You have not mentioned what type of organisation is this whether government , public sector or private concern?
For Government and PSU, the service Rules have to be referred while in Private sector, approval of board / designated management officer is required.
Rajendra K Goyal
(Expert) 27 September 2016
1. Yes, if no rule exist otherwise in the organisation.
2. Yes, if terms of contract permit.
3. TDS deducted as salary income if paid by debit to head of salary in the organisation.
4. No universal restriction exist legally.
