Payment of Bonus Act, 1965

Payment of Bonus Act, 1965

Services We Offer

As leading Labor Law Consultants headquartered in Bangalore, Parinitha Business Consultancy offers comprehensive services in compliance with the provisions of the Payment of Bonus Act, 1965:

– Providing day-to-day consultancy on matters related to the payment of bonus.
– Assisting in the treatment of available surplus/allocable surplus, including set-on, set-off, carry forward, and accurate calculation of bonus amounts.
– Obtaining necessary permissions from the Labour Commissioner for various purposes specified under the act, such as changes in accounting year.
– Preparation and maintenance of various registers mandated by the act, including the Register of Allocable Surplus, Register of Set-On & Set-Off of Allocable Surplus, and Register of Bonus.
– Preparation and submission of Annual Returns as prescribed under the act.
– Responding to and satisfying Show Cause Notices issued by Inspectors.
– Representing establishments before Inspectors.
– Providing assistance to establishments during inspections and searches of premises conducted by Inspectors.
– Representing establishments during inquiries conducted by Inspectors.

Choose Parinitha Business Consultancy for expert guidance and seamless management of Payment of Bonus Act compliance tailored to your establishment’s needs.