Scenario 1: allocable surplus/salaries of eligible employees*100= 15%, but company wants to pay bonus at 10%,. Can that be done?
Scenario 2: allocable surplus/salaries of eligible employees*100=25%, but the company wants to pay bonus at 15%. Can a company do that?
Also can bonus be paid to different grade of employees at different rates
I have one trust which are registered in Indian Trust Act. I want to change its registered address and trustee member. I want to know the process and where should I go to apply this. I have lost its original deed and I have true copy.
Please guide me
We are a hospital with more than 4,000 employees. Our institution is already covered under labour laws, including ESI, PF, and the Payment of Gratuity Act.
Our management is exploring the option of outsourcing some departments, such as the hospital canteen, to an outside agency. That agency may employ fewer than 10 people. The proposal is that since the contractor has less than 10 workers, they will not contribute to ESI, PF, or gratuity for their staff. Payments would be made to them on a contract basis.
We need clarity on the following points:
Since our hospital is already covered under ESI, PF, and gratuity, will the canteen workers (contract workers with fewer than 10 people) also fall under the coverage of these Acts?
Does the size of the contractor’s workforce matter, or does the fact that they are deployed within our covered establishment automatically make them eligible for ESI, PF, and gratuity?
In case the contractor does not comply, will the liability fall on us as the principal employer?
Your expert guidance on this matter will help us advise our management properly.
I have filed a case in court against a owner of the Proprietorship , the court is asking me to submit a proof that the person im refering is a owner of that Proprietorship.
I only have his GSTN number with me and no other details how can i get official document that can proves the relationship between that person and Proprietorship.
Dear All.
Do you have any information on the applicability of stamp duty on Advance Bank Guarantee and Performance Bank Guarantee in Maharashtra?
Please provide the latest notification, the percentage (0.1% or 0.3%), and threshold limits, if any. ( applicable for below and above guarantee amount)
Best Regards,
Vikas Lohar –
I am currently doing BCOM along with CS. I would like to study further, which can add value to CS. So, what option would be better, CS+LLB or CS+MBL?
Sir
The Company is a 100% govt company. It takes up various projects executed through contractor on 'Turn Key ' basis ,whose funds comes from government.
While release payment we have to mentioned % of work done(scheduled in work order) on the bills submitted by the contractor and based on which payment is released.
However in case of dispute on work done (in case works later found faulty or inappropriate ) mention of % of work done goes against us. So my query before you is can we write down following statements (a) &(b) on the bills while release payment:
(a) Prima facie ...................................% of work of the project being done.
(b) However as the project being a ‘Turn Key Project’ henceforth unless & until the referred project being fully completed and performed according to the full satisfaction of the management of ABCD, the above referred statement in clause (a) will not be considered as conclusive and/or suggestive statement for any purpose.
Regards
Abhijit
Sir
The company manufacture & sell bottled water both to individual customer at retail and in bulk to different hotels.
In case of hotels , they put their label & price along with our Brand & price. The price fix by the hotel is almost double of our price at which we sold those to those hotels(our price also reflected on the label as stated).
My query is can a Hotel sale at their fixed price(as stated almost double) to their customer.
Regards
Abhijit
In case of retirement cum addmission partnership deed, alteration - increase in capital stamp is required or any other stamp?
Rupay Gift Whether Stamp Duty Charges in the State of Maharashtra?
GST Regular Batch For May 26, Sep 26 & Jan 27 Exams
Certification Course on GSTR-3B and GSTR-2B Reconciliation using AI Tools
Bonus payment criteria