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Applicability of Bonus Act





 

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26-11-2007, 09:51 PM
Join Date: Jul 2007
Location: New Delhi
Applicability of Bonus Act
Friends

Can any body tell me is Bonus Act applicable on Software Industry....and lao guide us what is the applicability

Nikhil
 
26-11-2007, 10:58 PM
Join Date: Nov 2007
Location: chennai
Re: Applicability of Bonus Act
Dear


Bonus Act is applicable to :

a) every factory; and

(b) every other establishment in which twenty or more persons are employed on any day during an accounting year.

15) "establishment in private sector" means any establishment other than an establishment in public sector;


If your Establishment comes under the above ,you are in it.

With Regards

V.Sounder Rajan
VS Rajan Associates,
Advocates & Notaries,
No.27, Ist Floor, Singapore Plaza,
No.164, Linghi Chetty Street,
Chennai - 600 001.
E-mail :
Off : 044-42620864, 044-65874684,
Mobile : 98401 42164.

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