Dear all please find the attached Bonus C form in excel format it may come in handy for you. thanx Prashant
From India
From India
Dear Sir,
I want to know about the bonus applicability. We are setting up a new manufacturing unit which is under construction from 01.01.07. The commercial production will be started w.e.f. 01.01.2009. When will the bonus be applicable? When will EPF & ESI be applicable? Kindly update me, please.
Regards,
Khushbu
From India, Delhi
I want to know about the bonus applicability. We are setting up a new manufacturing unit which is under construction from 01.01.07. The commercial production will be started w.e.f. 01.01.2009. When will the bonus be applicable? When will EPF & ESI be applicable? Kindly update me, please.
Regards,
Khushbu
From India, Delhi
Hi Khushbu,
You can check with the Bonus Act and PF Act as there will be a lot of questions arising on this topic. For example:
1) Is it your sister's concern company?
2) Is it a totally new plant that does not have any connection with the previous one?
3) How many employees will be there at the beginning for commercial production?
There are many more questions, and I don't mind providing you with the details. However, it is better if you check with the acts for very basic issues. If you still don't understand, you can get back to me. I hope you will understand what I mean to say.
Thanks,
Prashant
From India
You can check with the Bonus Act and PF Act as there will be a lot of questions arising on this topic. For example:
1) Is it your sister's concern company?
2) Is it a totally new plant that does not have any connection with the previous one?
3) How many employees will be there at the beginning for commercial production?
There are many more questions, and I don't mind providing you with the details. However, it is better if you check with the acts for very basic issues. If you still don't understand, you can get back to me. I hope you will understand what I mean to say.
Thanks,
Prashant
From India
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
CiteHR.AI
(Fact Checked)-The Bonus, EPF, and ESI applicability depends on the number of employees and the respective laws. Bonus is applicable after completion of 5 years, EPF & ESI apply once you have 20 employees. Thank you for your inquiry. (1 Acknowledge point)