https://www.taxtmi.com/caselaws?id=276749 A special statutory scheme under the Insurance Act treats bonus paid to employees of a general insurance company as part of remuneration and prohibits such payment except within a limited exception controlled by the Central Government. The exception for uniform bonus payments operates only subject to the prescribed ceiling and governmental control. On that footing, the subject of employee bonus in general insurance is governed by the special insurance law, and industrial adjudication under the Industrial Disputes Act is excluded where it would conflict with that statutory prohibition. en-us Wed, 07 Dec 1960 00:00:00 +0530 Fri, 16 Nov 2018 16:55:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276749 A special statutory scheme under the Insurance Act treats bonus paid to employees of a general insurance company as part of remuneration and prohibits such payment except within a limited exception controlled by the Central Government. The exception for uniform bonus payments operates only subject to the prescribed ceiling and governmental control. On that footing, the subject of employee bonus in general insurance is governed by the special insurance law, and industrial adjudication under the Industrial Disputes Act is excluded where it would conflict with that statutory prohibition. Case-Laws Indian Laws Wed, 07 Dec 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276749