Industrial Law – Bonus Act 1965 | FREE e- Books, Complete Video Tutorials, Question & Answer, Quiz, Tests
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Bonus Act 1965
Preliminaries
Objective, Applicability of the Act, Definitions,
Bonus
Eligibility for Bonus, Deductions, Recovery of bonus from Employer, Infancy Protection for new establishments
Determination of Bonus
Computation of available surplus, Computation of gross profit, Calculation of direct tax payable by the employer, 'Set on’ and 'set off’ of allocable surplus, Payment of Bonus
Administration
Maintenance of Books of Accounts, Inspectors, Offences & Penalties.
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