Friends Can any body tell me is Bonus Act applicable on Software Industry....and lao guide us what is the applicability Nikhil
From India, Delhi
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Dear Bonus Act is applicable to every factory and every other establishment in which twenty or more persons are employed on any day during an accounting year. "Establishment in the private sector" means any establishment other than an establishment in the public sector. If your establishment comes under the above, you are in it.

With Regards,

V. Sounder Rajan

VS Rajan Associates, Advocates & Notaries
No. 27, 1st Floor, Singapore Plaza,
No. 164, Linghi Chetty Street,
Chennai - 600 001.
E-mail: rajanassociates@eth.net
Off: 044-42620864, 044-65874684
Mobile: 98401 42164.

From India, Madras
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is true that first five years bonous is not applicable to new industry & later on 8.33% is mandatory pl let me know
From India, Mumbai
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