aniltulu
1

DEAR ALL, IF WE PAID ANNUAL BONUS AS PER PRODUCTION BASE NOT AS PER PROFIT AND LOSS.IS IT REQUIRED FOR SUBMIT FORM-A AND FORM-B. Thanx Anil
From India, Bhubaneswar
Srinath Sai Ram
609

Dear Anil, you have to maintain Form A, B & C.The question of submitting Form-A&B does not arise until the same is called for by the Statutory Authority
From India, New Delhi
Shrikant_pra
264

Even if you pay production bonus, you have to pay bonus as provided in the act. No one can pay some amount ( production bonus in your case) as bonus amount. Productivity is base for production bonus; and it is not statutory. If your salary is linked to productivity, then yes.
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.