Karnataka bonus act 1965 and rules 1975?

S.N.Keshri

karnataka bonus act 1965 and rules 1975
11th September 2022 From India, Bangalore

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Nanu1953

Ceo-usd Hr Solutions

Ram K Navaratna

Hr Consultancy

+1 Other

nanu1953

300

There is nothing called Karnataka Bonus Act 1965. It is Payment of Bonus Act 1965 ( Central Act). There may be any Bonus rule for Karnataka. I have no idea.

Bonus should be paid as per PB Act , 1965 considering Available surplus, allocable surplus, Set On & Set Off.

I would request to read the PB Act once to understand about the law.

S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
+91 98310 81531

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12th September 2022 From India, New Delhi

Ram K Navaratna

238

Dear SNK

Rules exist as Karnataka Bonus rules as per the act of PBA.
While PBA being Central Act, respective state people have to follow their state rules while complying, submitting return etc.

Thanks

Ram K Navaratna
HR Resonance
14th September 2022 From India, Bangalore

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