Bonus Act - Applicability - New Establishment

Prashant B Ingawale

Dear Sir,
As we are a new startup Engineering company at Pune what is the Bonus Applicability to our company if we make profit in first 05 years.?

R.N.Khola

Dear Member,
Plz go through section 16 of the Payment of Bonus Act, 1965 for your query.
R.N.KHOLA

cms.sureshhr

Dear Sir,
We want to know that as if how many years after applicable of the bonus 1965 for new setup. We kindy request you to clear the concept. Thanks!
Regards,
Suresh
08690135655

cms.sureshhr

Dear Parshant ji,
I would like to inform about the bonus act 1965, infancy period of company, No liability for consequently five year new establishment.
Regards
Suresh Kaushik
9716457825

cms.sureshhr

Dear Prashant,
Infancy period of company 1-5year no applicable for bonus act 1965. Hereinafter, 8.33% is compulsory.

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