In the evolving landscape of labour laws in India, the concept of bonus and salient features of related legislation have emerged as critical instruments to […]
Tag: profit sharing
1. Discuss the set on and set off of allocable surplus in the payment of Bonus Act 1985. Allocable surplus
The Payment of Bonus Act 1985 was introduced to ensure fair profit-sharing between employers and employees in India. It mandates that companies distribute a portion […]