The PAYMENT OF BONUS ACT, 1965
punjab · 1965
- S. 1Subs
- S. 2Subs
- S. 3Ins
- S. 4Cl
- S. 5Computation of available surplus
- S. 6Sums deductible from gross profits
- S. 7Calculation of direct tax payable by the employer
- S. 8Eligibility for bonus
- S. 9Disqualification for bonus
- S. 10Payment of minimum bonus
- S. 11Payment of maximum bonus
- S. 12Calculation of bonus with respect to certain employees
- S. 13Proportionate reduction in bonus in certain cases
- S. 14Computation of number of working days
- S. 15Section 15 modifies bonus calculations for the sixth and seventh accounting years after goods or services are sold.
- S. 16Special provisions with respect to certain establishments
- S. 17Adjustment of customary or interim bonus against bonus payable under the Act
- S. 18Deduction of certain amounts from bonus payable under the Act
- S. 19Time-limit for payment of bonus
- S. 20Application of Act to establishments in public sector in certain cases
- S. 21Recovery of bonus due from an employer
- S. 22Reference of disputes under the Act
- S. 23Presumption about accuracy of balance-sheet and profit and loss account of corporations and companies
- S. 24Audited accounts of banking companies not to be questioned
- S. 25Audit of accounts of employers, not being corporations or companies
- S. 26Maintenance of registers, records, etc
- S. 27Inspectors
- S. 28Penalty
- S. 29Offences by companies
- S. 30Cognizance of offences
- S. 31Protection of action taken under the Act
- S. 31ASpecial provision with respect to payment of bonus linked withproduction or productivity
- S. 32Act not to apply to certain classes of employees
- S. 33[Act to apply to certain pending disputes regarding payment of bonus
- S. 34Effect of laws and agreements inconsistent with the Act
- S. 35Saving
- S. 36Power of exemption
- S. 37[Power to remove difficulties
- S. 38Power to make rules
- S. 39Application of certain laws not barred
- S. 40Repeal and saving
- S. 1965—