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of <h1>Bonus payment based on allocable surplus (60%/67%) and Section 33 available-surplus calculations; audited accounts rarely challengeable, disclosures protected</h1> Bonus is mandated to be paid from the allocable surplus, defined as 60% of the available surplus for a banking company and 67% of the available surplus for any other establishment, with 'available surplus' to be computed in accordance with section 33; consequently, the quantum of bonus is statutorily linked to the prescribed percentage of the available surplus so calculated. Audited accounts of companies are not to be questioned in the ordinary course, thereby limiting routine challenges to the financial basis used for computing surplus. Where a dispute arises regarding the quantum of bonus, the notified jurisdictional authority may require the employer to produce the balance sheet, but must not disclose any information contained in it without the employer's consent, thereby enabling adjudication while protecting confidentiality.
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