TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Bonuses Must Be Paid from Allocable Surplus: 60% for Banks, 67% for Others as per Section 33 of Code on Wages</h1> The Code on Wages, 2019, mandates that bonuses be paid from the allocable surplus, which is 60% for banking companies and 67% for other establishments, based on the available surplus calculated as per section 33. Typically, audited company accounts are not questioned. In cases of disputes over bonus amounts, a government-notified authority may request the employer's balance sheet but cannot disclose its contents without the employer's consent.
TaxTMI 
TaxTMI 
