LJP’s Payment of Bonus Act and Rules by H.L. Kumar – 8th Edition 2024.

LJP’s Payment of Bonus Act and Rules by H.L. Kumar – 8th Edition 2024.

Description

Employees, Employers, and Lawyers guide to Payment of Bonus Act

* Bonus by Principal employer to the workers of contractor
* Eligibility, entitlement and quantum of bonus
* Adjustment of bonus when paid every month
* Accuracy of Balance Sheet and Profit & Loss Account
* Allowances – Whether form part of wages
* Allocable surplus
* Compliances to be made by the Employers
* Ex-gratia – interpretation of infancy benefits
* Bonus to part-time employees/daily-wagers/probationrs
* Calculation of Set off and Set on
* Productivity linked bonus
* Obligations of employers under the Act and the Rules
* Forfeiture of Bous
* Maintenance of Registers, records and Filing of Returns……………

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