Payment of Bonus Act, 1965
Section - 1 - Short title, extent and applicationSection - 2 - Definitions
Section - 3 - Establishments to include departments, undertakings and branches
Section - 4 - Computation of gross profits
Section - 5 - Computation of available surplus
Section - 6 - Sums deductible from gross profits
Section - 7 - Calculation of direct tax payable by the employer
Section - 8 - Eligibility for bonus
Section - 9 - Disqualification for bonus
Section - 10 - Payment of minimum bonus
Section - 11 - Payment of maximum bonus
Section - 12 - Calculation of bonus with respect to certain employees
Section - 13 - Proportionate reduction in bonus in certain cases
Section - 14 - Computation of number of working days
Section - 15 - Set on and set off of allocable surplus
Section - 16 - Special provisions with respect to certain establishments
Section - 17 - Adjustment of customary or interim bonus against bonus payable under the Act
Section - 18 - Deduction of certain amounts from bonus payable under the Act
Section - 19 - Time-limit for payment of bonus
Section - 20 - Application of Act to establishments in public sector in certain cases
Section - 21 - Recovery of bonus due from an employer
Section - 22 - Reference of disputes under the Act
Section - 23 - Presumption about accuracy of balance-sheet and profit and loss account of corporations and companies
Section - 24 - Audited accounts of banking companies not to be questioned
Section - 25 - Audit of accounts of employers, not being corporations or companies
Section - 26 - Maintenance of registers, records, etc
Section - 27 - Inspectors
Section - 28 - Penalty
Section - 29 - Offences by companies
Section - 30 - Cognizance of offences
Section - 31 - Protection of action taken under the Act
Section - 31A - Special provision with respect to payment of bonus linked with production or productivity
Section - 32 - Act not to apply to certain classes of employees
Section - 33 - Act to apply to certain pending disputes regarding payment of bonus
Section - 34 - Effect of laws and agreements inconsistent with the Act
Section - 35 - Saving
Section - 36 - Power of exemption
Section - 37 - Power to remove difficulties
Section - 38 - Power to make rules
Section - 39 - Application of certain laws not barred
Section - 40 - Repeal and saving
SCH I - COMPUTATION OF GROSS PROFITS
SCH II - COMPUTATION OF GROSS PROFITS
SCH III - THIRD SCHEDULE
SCH IV - FOURTH SCHEDULE
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