Amendment status not verified — confirm the current text below against the official source.
Repeal and saving. – (1) The Payment of Bonus Ordinance, 1965 (3 of 1965), is hereby repealed. (2) Notwithstanding such repeal, anything done or any action taken under the said Ordinance shall be deemed to have been done or taken under this Act as if this Act had commenced on the 29th May, 1965. [THE FIRST SCHEDULE [See section 4(a)] COMPUTATION OF GROSS PROFITS Accounting year ending…………….. Item No. Particulars Amount of sub-items Amount of main items Remarks *1