Payment of Bonus Act and Rules

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