Is it legal for husband and wife to work together?

Is it legal for husband and wife to work together?

There are no laws the prohibit this, but many employers have specific policies that do prohibit this. More common, though, are policies that prevent one family member from supervising another.

Can a boyfriend and girlfriend work together?

Yes it is possible to find job in same company, you just have to ask your partner to refer you for the position you are looking for. My partner and I worked together in my past company – I refered her their. However, some companies have different policies when it comes to partners working in the same office.

What does clubbing mean?

Definition. Clubbing is a physical sign characterized by bulbous enlargement of the ends of one or more fingers or toes (Figure 44.1). Proliferation and edema of connective tissue result in loss of the normal angle between the skin and nail plate and excessive sponginess of the nail base.

What are not treated as agricultural income?

Income derived from agricultural activities carried out on land – be it urban or rural – shall be treated as agricultural income and be exempt from tax. Will income from animal husbandry be considered as agricultural income? No, income from animal husbandry will not be considered as agricultural income.

What are the tax implications of clubbing of income?

Income of minor child’s when clubbed with your own will fetch you tax exemptions up to Rs. 1,500 (subject to actual income) for each child. Exceptions exist for income of disabled children as well as for minors who earn income from their talents, experience, knowledge or manual work.

Which among the following is an exception to the previous year rule?

However there are certain exceptions to the above Rule, those being: Income of a Non-resident from Shipping. Income of persons leaving India either permanently or for a long period of time. Income of Bodies formed for a short duration says for a particular event or purpose.

Can I give loan to my wife?

Now, while gift-tax has been abolished but the income from any gifts made to his wife is to be included in the income of the husband under the provisions of Section 64(1) of the Income Tax Act. Besides, a married woman may take a loan not only from her husband but from anybody at all.

What are the assets not treated as capital assets?

Any stock in trade, consumable stores, or raw materials held for the purpose of business or profession have been excluded from the definition of capital assets. Any movable property (excluding jewellery made out of gold, silver, precious stones, and drawing, paintings, sculptures, archeological collections, etc.)