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Rule 4 – The Payment of Bonus Act, 1965

The Payment of Bonus Act, 1965

 

4. Maintenance of registers. –

 

Every employer shall prepare and maintain the following registers, namely:

 

(a) A register showing the computation of the allocable surplus referred to in Cl. (4) of Sec.2 in Form A ;

 

(b) A register showing the set-on and set-off of the allocable surplus, under Sec.15, in Form B ;

 

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

 

 

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The Payment of Bonus Act, 1965

 

Indian Laws – Bare Acts

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