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
2395

Yes, non profit sharing bonus is statutory or fixed bonus, distance from incentives which are considered as profit sharing bonus
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.