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Sangharshme
Dear Senior,
I am facing a problem while filling Annual Return (Form - IV) under Payment of Wages Act, 1936. I could not understand the term - NON PROFIT SHARING BONUS. Can anyone please tell me whether Non Profit Sharing Bonus is Statutory Bonus or something else?
I also attach Form - IV & highlighted the confusing terms..
Waiting for cooperative reply..
Regards
Sangharsha ME
9611129716

Attached Files (Download Requires Membership)
File Type: doc Form 4 Dec 2017.doc (34.0 KB, 366 views)

saswatabanerjee
2392

Yes, non profit sharing bonus is statutory or fixed bonus, distance from incentives which are considered as profit sharing bonus
From India, Mumbai
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