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
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1From India, Bhubaneswar
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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
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From India, New Delhi
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Even if you pay a production bonus, you have to pay a bonus as provided in the act. No one can pay some amount (production bonus in your case) as a bonus amount. Productivity is the base for a production bonus, and it is not statutory. If your salary is linked to productivity, then yes.
From India, Mumbai
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From India, Mumbai
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BONUS FORM-C.xls
BONUS FORM A B C D.doc