https://www.taxtmi.com/acts?id=54200 Allocable surplus exceeding the maximum bonus payable in an accounting year is carried forward, subject to a ceiling of twenty per cent of the employees' total salary or wage for that year, for adjustment in succeeding accounting years up to the fourth accounting year. The carried forward amount is then used for payment of bonus in the manner illustrated in Appendix A, where the surplus remains after meeting the maximum bonus liability. en-us Mon, 11 May 2026 16:19:58 +0530 Thu, 14 May 2026 15:01:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54200 Allocable surplus exceeding the maximum bonus payable in an accounting year is carried forward, subject to a ceiling of twenty per cent of the employees' total salary or wage for that year, for adjustment in succeeding accounting years up to the fourth accounting year. The carried forward amount is then used for payment of bonus in the manner illustrated in Appendix A, where the surplus remains after meeting the maximum bonus liability. Act-Rules Labour laws Mon, 11 May 2026 16:19:58 +0530 https://www.taxtmi.com/acts?id=54200