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As per Section 31- (1) The bonus shall be paid out of the allocable surplus which shall be an amount equal to sixty per cent. in case of a banking company and sixty-seven per cent. in case of other establishment, of the available surplus and the available surplus shall be the amount calculated in accordance with section 33. (2) Audited accounts of companies shall not normally be questioned. (3) Where there is any dispute regarding the quantum of bonus, the authority notified by the appropriate Government having jurisdiction may call upon the employer to produce the balance sheet before it, but the authority shall not disclose any information contained in the balance sheet unless agreed to by the employer.
India extended what amount of credits to Maldives to overcome the financial crisis?
On which date is World Tourism Day celebrated, marking the launch of the 'Paryatan Mitra & Paryatan Didi' initiative by the Ministry of Tourism?
Air India is establishing South Asia’s largest flight training school. Where will this training school be located?
What is the main objective of celebrating Statistics Day on June 29 in India?
Recently RBI increased the Repo rate by 25 Bps to _____?
To safeguard clients’ funds, SEBI has come out with a framework that requires the upstreaming of all client funds received by stock brokers to clear...
Recently “Tango D10S” is in News. What is this?
What is the primary objective of the amendments approved by the Defence Acquisition Council (DAC) for the MQ-9B UAV deal with the U.S.?
Which of the following statements is true regarding the National Geoscience Awards- 2022 (NGA) conferred by the President of India?
‘Miyan Ka Bada’ railway station has been renamed as “Mahesh Nagar Halt” in which state of India?