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 ?
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 ?
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 |
 |
Bare Acts - Direct Tax - Wealth Tax Act, 1957Bare Acts - Income Tax Act, 1961
Bare Acts - IPCC / PCC - Corporate LawBare Acts - IPCC / PCC - Business Law
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
View Details
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
View Details
CAclubindia
