Clarifications and judicial interpretations pertaining to bonus its –

• Eligibility,
• Entitlement and quantum of bonus,
• Accuracy of Balance Sheet and Profit & Loss Account,
• Allowances,
• Uniformity of entitlement to bonus in different units/branches,
• Allocable surplus,  •Compliances to be made by the employers,
• Ex-gratia,
• Bonus to part time employees/daily-wagers/Probationers,
• Calculation of Set off & Set on,
• Productivity linked bonus,
• Obligations of principal employer to pay bonus to the workers of contractor,
• Maintenance of registers, records & filing of returns,
• Calculation of payable bonus, •Permissibility of bonus every month,
• Forfeiture of bonus,
• Comparison between Payment of Bonus Act & Code on Wages, 2019,
• Procedure and format of petition for extension of time for paying bonus to employees.

A concise book with Payment of Bonus Act & Rules prepared by two Vakils.

Calculation procedure provided by former executive from Labour Department. 

Useful for Finance/Accounts executive & Chartered Accountants.

Can be availed online (soft copy as .pdf file) for Rs.200.