You asked: Can a Indian govt employee do business?

Can government employees do business in India?

legally A government servant is not allowed business to do business in India .

Can I own a business as a government employee?

A government employee can do business on his own time, whether it’s working for someone else or running a business of his own. This “yes” is hedged around with all kinds of “buts” such as not having a conflict of interest with your government work.

Can a govt employee do trading?

35(1) No Government servant shall speculate in any stock, share or other investment: Provided that nothing in this sub-rule shall apply to occasional investments made through stockbrokers or other persons duly authorized and licensed or who have obtained a certificate of registration under the relevant law.

Can Indian government employees work part time?

Answer:Before applying for any part time job,it is advisable if you thoroughly go through your government appointment letter. … If not,it would be clearly mentioned there that during the period of government service,you cannot do any other job or business. In that case,don’t put your career into any kind of risk.

Can government employee become trustee?

Yes the Government Employee or Government Officer can be the member, founder, Trustee, Director of Non Profit Organisation /Non Governmental Organisation (NGO).

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Can government employee earn from Youtube?

Can a goverment bank employee earns from adsense or youtube by uploding his video and monetize his account to earn money?? … 1) No Government employee shall, except with the previous sanction of the Government engage directly or indirectly in any trade or business or negotiate for, or undertake any other employment.

Can a government employee be a director of another company?

A government employee can only become a director of a company with the previous sanction of the government. Every person who is a government employee must first get permission from the government and then only he can become a director of a private company.

Can a bank employee do business?

As far as the govt is concerned, no govt. servant can have two jobs(one with the govt and one with a private firm). You can still do business alongside your govt job under a falsified name or the name of your close relative.

Can government employee Earn Online?

No. You can not work for gain outside your employment, 2. Even for working voluntarily you shall have to take permission from appropriate authority since you are working with a Govt.

Can govt employee spouse do intraday trading?

Can govt employee spouses do intraday trading? There is no such ban on it. However, If it is related to an employee’s work in any way then it is not allowed.

What are 4 types of investments?

There are four main investment types, or asset classes, that you can choose from, each with distinct characteristics, risks and benefits.

  • Growth investments. …
  • Shares. …
  • Property. …
  • Defensive investments. …
  • Cash. …
  • Fixed interest.
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