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nikhilkumar363
3

Friends Can any body tell me is Bonus Act applicable on Software Industry....and lao guide us what is the applicability Nikhil
From India, Delhi
rajanlawfirm
6

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.

From India, Madras
mahendramanwatkar
is true that first five years bonous is not applicable to new industry & later on 8.33% is mandatory pl let me know
From India, Mumbai
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