Payment of Bonus Act,1965 |
Act No : 21 of 1965 |
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Contents of Act: |
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1 Short title extent and application.- | |
SECTION( 2. ) Definitions. | |
SECTION( 3. ) Establishments to include departments, undertakings and branches. | |
SECTION( 4. ) Computation of gross profits. | |
SECTION( 5. ) Computation of available surplus. | |
SECTION( 6. ) Sums deductible from gross profits. | |
SECTION( 7. ) Calculation of direct tax payable by the employer. | |
SECTION( 8. ) Eligibility for bonus. | |
SECTION( 9. ) Disqualification for bonus. | |
SECTION( 10. ) Payment of minimum bonus. |