Chapter IV
PAYMENT OF BONUS
Sections in this chapter
- Section 26 — Eligibility for bonus, etc.
- Section 27 — Proportionate reduction in bonus in certain cases.
- Section 28 — Computation of number of working days.
- Section 29 — Disqualification for bonus.
- Section 30 — Establishments to include departments, undertakings and branches.
- Section 31 — Payment of bonus out of allocable surplus.
- Section 32 — Computation of gross profits.
- Section 33 — Computation of available surplus.
- Section 34 — Sums deductible from gross profits.
- Section 35 — Calculation of direct tax payable by employer.
- Section 36 — Set on and set off of allocable surplus.
- Section 37 — Adjustment of customary or interim bonus against bonus payable under this Code.
- Section 38 — Deduction of certain amounts from bonus payable.
- Section 39 — Time limit for payment of bonus.
- Section 40 — Application of this Chapter to establishments in public sector in certain cases.
- Section 41 — Non-applicability of this Chapter.