It is carried forward for being set on in the succeeding accounting year, Explanation: As per Section 36- (1) Where for any accounting year, the allocable surplus exceeds the amount of maximum bonus payable to the employees in the establishment under section 26, then, the excess shall, subject to a limit of twenty per cent. of the total salary or wage of the employees employed in the establishment in that accounting year, be carried forward for being set on in the succeeding accounting year and so on up to and inclusive of the fourth accounting year to be utilised for the purpose of payment of bonus in such manner as may be prescribed by the Central Government.
Which company has launched India's first-ever UPI-ATM as a White Label ATM (WLA) with the National Payments Corporation of India (NPCI offering cardless...
Recently PM dedicates Phase I of the Mahakal Lok Project to the nation in which of the following city?
When do Indians celebrate National Friendship Day annually?
The Rolling Plan for backward countries was suggested by which economist?
Which ministry is organizing the event "Vividhta ka Amrit Mahotsav: A cultural odyssey unveiling the richness of Northeast India"?
Which material technology developed by IIT Kanpur aims to make aircraft and combat systems invisible to radar?
What was the revised completion timeline for the Vizhinjam International Seaport project as per the supplementary concession agreement?
What was the primary method used by researchers to confirm the lunar cave?
What was the GDP growth projection for FY25 by ADB, as updated in December 2024?
Which index will begin including Indian Government Securities (G-Secs) from June 28, 2024?
