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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.
First Information Report is not a substantive evidence, it can be used during trial for the following
Which of the following cases is commonly known as the "Asylum case"?
What does the term "Alternate Dispute Resolution" (ADR) refer to?
No person shall conduct, organise or assist in organising any stock exchange or clearing corporation unless he has obtain...
How is the concept of Strict Liability in torts commonly referred to?
Sapinda relationship includes relationship by:
1. Half or Uterine blood
2. Full blood
3. Adoption
Select the correct code from below:
A suit is instituted by:
Match the correct option
When cases are instituted otherwise than on police report and the Magistrate shall discharge the accused if
What is the time period within which the pre-packaged insolvency resolution process shall be completed?