Unpaid bonus

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19 October 2013 What is the statutory treatment of unpaid bonus?

19 October 2013 Hi

If it is remained unpaid for three years then same should be remitted to Commissioner of Labour Welfare Fund after three years.

Thanks//VaibhavJ

19 October 2013 Agree with Expert completely,

However, This period can vary from one year to three year depending upon the notification made by the State Government.

regards,

19 October 2013 Yes!!

Since Labour welfare fund vary from State to state, you need to check your states LWF Act.

Thanks


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