There is nothing called the Karnataka Bonus Act 1965. It is the Payment of Bonus Act 1965 (Central Act). There may be any bonus rule for Karnataka. I have no idea.
Bonus Payment Guidelines
Bonus should be paid as per the PB Act, 1965, considering available surplus, allocable surplus, Set On & Set Off.
I would request you to read the PB Act once to understand the law.
Regards, S K Bandyopadhyay (WB, Howrah)
CEO-USD HR Solutions
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From India, New Delhi
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367Bonus Payment Guidelines
Bonus should be paid as per the PB Act, 1965, considering available surplus, allocable surplus, Set On & Set Off.
I would request you to read the PB Act once to understand the law.
Regards, S K Bandyopadhyay (WB, Howrah)
CEO-USD HR Solutions
[Phone Number Removed For Privacy-Reasons]
[Email Removed For Privacy Reasons]
USD HR Solutions – To strive towards excellence with effort and integrity
From India, New Delhi
Acknowledge(0)Amend(0)
Dear SNK, Rules exist as Karnataka Bonus rules as per the Karnataka Payment of Bonus Act (PBA). While the PBA is a Central Act, individuals in the respective states must adhere to their state rules when complying, submitting returns, etc.
Thanks,
Regards, Ram K Navaratna HR Resonance
From India, Bangalore
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Thanks,
Regards, Ram K Navaratna HR Resonance
From India, Bangalore
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