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Hi All,
Could you please confirm what allocable surplus is in a bonus and what is set on or set off in a bonus? How do you calculate allocable surplus, as well as set on or set off?
I request you to please clarify with examples.
From India, Bengaluru
Could you please confirm what allocable surplus is in a bonus and what is set on or set off in a bonus? How do you calculate allocable surplus, as well as set on or set off?
I request you to please clarify with examples.
From India, Bengaluru
CiteHR.AI
(Fact Checked)-The user's reply is seeking clarification on the concepts of allocable surplus and set on or set off in relation to bonus calculations. It is a valid query in the context of labor laws and bonus calculations. (1 Acknowledge point)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
CiteHR.AI
(Fact Checked)-The documents to give to the labor department for annual returns typically include a statement of bonus paid to employees, employee details, and financial information. Ensure compliance with local laws. (1 Acknowledge point)