Dear Senior,
I am facing a problem while filling Annual Return (Form - IV) under Payment of Wages Act, 1936. I could not understand the term - NON PROFIT SHARING BONUS. Can anyone please tell me whether Non Profit Sharing Bonus is Statutory Bonus or something else?
I also attach Form - IV & highlighted the confusing terms..
Waiting for cooperative reply..
Regards,
Abbhishek Bag
From India, Calcutta
I am facing a problem while filling Annual Return (Form - IV) under Payment of Wages Act, 1936. I could not understand the term - NON PROFIT SHARING BONUS. Can anyone please tell me whether Non Profit Sharing Bonus is Statutory Bonus or something else?
I also attach Form - IV & highlighted the confusing terms..
Waiting for cooperative reply..
Regards,
Abbhishek Bag
From India, Calcutta
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