Payment of bonus act

This query is : Open

Rohit Gupta (Querist)
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18 January 2010 Regards applicability the act says the following:

" Every other establishment employing at least 20 persons on any day during an accounting year."

Would that mena that literally every small shop like stationary or grocery and all corporates come under this category provided they employ 20 or more employees?

Please quote relevant sections forming your opinion.

Thanks.

CA Prashant Gupta

CA Prashant Gupta (Expert)
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20 January 2010 yes
if in a stationery shop 20 or more persons are employed then Bonus Act will be applicable. Not even Bonus Act PF and ESI will also be applicable.

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