Eligibility criteria under bonus act is clear.
Rs. 10000/- p.m for eligibility &
Rs. 3500/- p.m for Bonus calculation.
My question is , like PF & ESI, does this have any minimum number requirement ?
Menu
Is there any minimum no of employee required for Bonus Act ?
Replies (4)
Mr. Jha, Please check this may be this would be your answer.
Short title, extent and application.—(1) This Act may be called the Payment of Bonus Act, 1965.
(2) It extends to the whole of India [* * *]2.
(3) Save as otherwise provided in this Act, it shall apply to —
(a) every factory; and
(b) every other establishment in which twenty or more persons are employed on any day during an accounting year.Source Link > https://labour.up.nic.in/labourcommissioner/payofbons65.htm
| Originally posted by : Rahul Gupta | ||
 |
Mr. Jha, Please check this may be this would be your answer. Short title, extent and application.—(1) This Act may be called the Payment of Bonus Act, 1965. (2) It extends to the whole of India [* * *]2. (3) Save as otherwise provided in this Act, it shall apply to — (a) every factory; and (b) every other establishment in which twenty or more persons are employed on any day during an accounting year. Source Link > https://labour.up.nic.in/labourcommissioner/payofbons65.htm |
 |
Ya its 20
Bare Acts - Direct Tax - Wealth Tax Act, 1957
Bare Acts - Income Tax Act, 1961
Bare Acts - IPCC / PCC - Corporate Law
Bare Acts - IPCC / PCC - Business Law
Recent Topics :
- Sec 8 company sec 12ab reg
- AIS Password: How to Open Your AIS PDF?
- Interview Questions
- ITR Filing Last Date 2026
- Tds - filing Conso File for tax year 2026-27
- ITR-3 Filing For AY 2026-27 - Tips
- Capital Gain on sale of Depreciated Factory Gala
- Interesting Observation from a Recent Income Tax S
- ITR 3 Utility Not Taking Marginal Relief on Net To
- MV Electrosystems IPO Allotment Date, Status Check
Related Topics :
CAclubindia
