Bonus Act - Applicability - New Establishment - CiteHR
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Dear Sir, As we are a new startup Engineering company at Pune what is the Bonus Applicability to our company if we make profit in first 05 years.?
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Dear Member, Plz go through section 16 of the Payment of Bonus Act, 1965 for your query. R.N.KHOLA
Dear Sir, We want to know that as if how many years after applicable of the bonus 1965 for new setup. We kindy request you to clear the concept. Thanks! Regards, Suresh 08690135655
Dear Parshant ji, I would like to inform about the bonus act 1965, infancy period of company, No liability for consequently five year new establishment. Regards Suresh Kaushik 9716457825
Dear Prashant, Infancy period of company 1-5year no applicable for bonus act 1965. Hereinafter, 8.33% is compulsory.
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