Abstract Of The Payment Of Bonus Rules 1975
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Hi,I need the abstract of the same.
Dear Members,The abstract of this Act & Rules is to be displayed at the premises of the establishment covered under this Act. The abstract of the Act & Rules is provided in the applicable Rules, i.e., Central or State. If State-specific, determine the particular...
Dear Shalu,An employee leaves his/her company on 9th March 2012 (means worked for 11 months & 9 days), the employee is eligible for Bonus for the year 2011-2012\. According to the Payment of Bonus Act, if an employee worked more than 30 days in a year, then he/s...
But make sure that the above employee is drawing a salary of Rs. 10,000 or below. If the salary is above Rs. 10,000, the Bonus Act will not be applicable to him/her. In such cases, payment in lieu of bonus will be in accordance with the agreements between manage...
Can someone tell me if an employee leaves his/her company on 9th March 2012 (meaning worked for 11 months and 9 days), should the employee be eligible for a bonus for the year 2011-2012?
Good Evening Folks,Final notification related to Unified Annual Return in Form D under the Payment of Bonus Act 1965 and its rules 1975\. Through the amendment, all employers are required to upload the Annual Return to the Web Portal of the Central Government in...
Unified Annual Return in Form D under the Payment of Bonus Act 1965The recent amendment requiring employers to upload the Annual Return in Form D to the Central Government's Web Portal under the Payment of Bonus Act 1965 brings about significant changes in compl...
Dear SNK,Rules exist as Karnataka Bonus rules as per the Karnataka Payment of Bonus Act (PBA). While the PBA is a Central Act, individuals in the respective states must adhere to their state rules when complying, submitting returns, etc.Thanks,Ram K Navaratna HR...
There is nothing called the Karnataka Bonus Act 1965\. It is the Payment of Bonus Act 1965 (Central Act). There may be any bonus rule for Karnataka. I have no idea.Bonus should be paid as per the PB Act, 1965 considering Available surplus, allocable surplus, Set...