Hi Friends can some one guide me what is purpose of maintaining the Bonus form A & B. and why does it has to certify by the C.A.? Raj
From India
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24From India
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Dear Raj,
By Form A & B and computation of gross profit, one has to arrive at the bonus for disbursement and decide on the percentage. Since it involves all financial statements and balance sheet contents, Chartered Accountants (CAs) are advised.
Thanks,
Ram K Navaratna
HR Resonance
From India, Bangalore
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By Form A & B and computation of gross profit, one has to arrive at the bonus for disbursement and decide on the percentage. Since it involves all financial statements and balance sheet contents, Chartered Accountants (CAs) are advised.
Thanks,
Ram K Navaratna
HR Resonance
From India, Bangalore
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dear A&B register of bonus is required to compute alliocable surplus,basis of that we calclate set on/off for bonus,which decides the percentage of bonus to be distributed. tks j s malik
From India, Delhi
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From India, Delhi
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Dear Raj,
These two registers are being maintained by the management to see the allocable surplus and to decide the percentage of bonus to be paid for an accounting year to its eligible employees and to have set on/set off. For more details, please go through the Payment of Bonus Act, 1965.
Regards,
R.N.Khola
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
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These two registers are being maintained by the management to see the allocable surplus and to decide the percentage of bonus to be paid for an accounting year to its eligible employees and to have set on/set off. For more details, please go through the Payment of Bonus Act, 1965.
Regards,
R.N.Khola
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
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Forms under Bonus Act.doc
Bonus Calculation.xls
BONUS CALCULATION RULE (1).pdf