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Sangharshme
Dear Senior,
I am facing a problem while filling Annual Return (Form - IV) under Payment of Wages Act, 1936. I could not understand the term - NON PROFIT SHARING BONUS. Can anyone please tell me whether Non Profit Sharing Bonus is Statutory Bonus or something else?
I also attach Form - IV & highlighted the confusing terms..
Waiting for cooperative reply..
Regards
Sangharsha ME
9611129716



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File Type: doc Form 4 Dec 2017.doc (34.0 KB, 358 views)

PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Saswatabanerjee
Partner - Risk Management

saswatabanerjee
2383

Yes, non profit sharing bonus is statutory or fixed bonus, distance from incentives which are considered as profit sharing bonus
From India, Mumbai
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