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Payment of Bonus Rules

Section 4: Maintenance of registers

Every employer shall prepared and maintain the following registers, namely:-
(a) a register showing the computation of the allocable surplus referred to in clause (4) of section 2, in form A;

(b) a register showing the set-on and set-off of the allocable surplus, under section 15, in form B;

(c) a register showing the details of the amount of bonus due to each of the employees, the deductions under sections 17 and 18 and the amount actually disbursed, in form C.

Related Keywords

Bonus

Deduction/Fine From Wages

Related Documents

Form A -   S 2(4), R 4(a): Computation Of Allocable Surplus

Form B -   S 15, R 4(b): Set On And Set Off of Allocable Surplus

Form C -   R 4(c): Bonus Paid To Employees In Accounting Year