Annual return is to sent to the Inspector of the area in form 'D' by every employer who is covered under The Payment of Bonus Act, 1965 & is liable to pay bonus as per time limit prescribed under section 19 of this Act.
We are not required to submit Form A & B to any authority under the Payment of Bonus Act, 1965 & the Rules made thereunder. We are to maintain register A & B as provided by the Payment of Bonus Rules.
Bonus is payable as per salary or wages as defined under the Payment of Bonus Act, 1965 or on consolidated salary.For details plz go through section 2(21) of this Act.
If this employee is eligible to receive bonus for the accounting year in which he have worked then he will also be entitled to have his bonus payment along with other employees on declaration of bonus payment by the employer.
Thanks for the information..
I have another question is We have already paid bonus So we calculte his whole year gross salary divided by that much month...........
e.g .years gross salary is 200000/12=Bonus
My question is how to maintain Bonus Register and how to fill Bonus Return means how to show persentage in Register and Return
From India, Pune
would it be possible that hr will be the part of Union.
From India, Calcutta
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