Dear All, ls let me know if we can hire an employee on regular grade for a fixed period.
I have a case where person is above 60 years old and we wanted to hire him on a contract but he is denying saying his Tax deductions will be high (10% TDS) and he has to register himself for Service Tax if his income crosses Rs.10 LPA.
We also want to hire the person so how that can he be managed in regular employment with fixed term. Our company policy for contract labor and regular employees are same only PF, Gratuity, superannuation benefit is not available to contract employee.
Pls let me know how this can be managed across industry.
I have a case where person is above 60 years old and we wanted to hire him on a contract but he is denying saying his Tax deductions will be high (10% TDS) and he has to register himself for Service Tax if his income crosses Rs.10 LPA.
We also want to hire the person so how that can he be managed in regular employment with fixed term. Our company policy for contract labor and regular employees are same only PF, Gratuity, superannuation benefit is not available to contract employee.
Pls let me know how this can be managed across industry.