Registers Under the Bonus Act
Under the Payment of Bonus Act 1965, it is stated that ABC Registers are to be maintained by employers. Could someone please share what ABC Registers are and the differences between each register? If anybody has a soft copy of the registers (formats), please share.
Thanks in advance.
Regards,
Chikkegowda.
From India, Ahmadabad
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3Under the Payment of Bonus Act 1965, it is stated that ABC Registers are to be maintained by employers. Could someone please share what ABC Registers are and the differences between each register? If anybody has a soft copy of the registers (formats), please share.
Thanks in advance.
Regards,
Chikkegowda.
From India, Ahmadabad
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Dear Chikkegowda, please refer to [The Payment Of Bonus Act, 1965: PAYMENT OF BONUS RULES, 1975](http://paymentofbonusact1965.blogspot.in/2011/04/payment-of-bonus-rules-1975.html) in which your query is clarified.
Rule 4: Maintenance of Registers
Every employer shall prepare and maintain the following registers, namely:
- (a) A register showing the computation of the allocable surplus referred to in Clause (4) of Section 2 in Form A;
- (b) A register showing the set-on and set-off of the allocable surplus, under Section 15, in Form B;
- (c) A register showing the details of the amount of bonus due to each of the employees, the deductions under Sections 17 and 18, and the amount actually disbursed, in Form C.
From India, Kumbakonam
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Rule 4: Maintenance of Registers
Every employer shall prepare and maintain the following registers, namely:
- (a) A register showing the computation of the allocable surplus referred to in Clause (4) of Section 2 in Form A;
- (b) A register showing the set-on and set-off of the allocable surplus, under Section 15, in Form B;
- (c) A register showing the details of the amount of bonus due to each of the employees, the deductions under Sections 17 and 18, and the amount actually disbursed, in Form C.
From India, Kumbakonam
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THE PAYMENT OF BONUS ACT.doc