Question
According to Section 36(2) of the Code on Wages, 2019,
what is the limit for carrying forward the excess allocable surplus to the succeeding accounting years?Solution
Twenty percent of the total salary or wage of the employees, Explanation: As per Section 36- (2) Where for any accounting year, there is no available surplus or the allocable surplus in respect of that year falls short of the amount of minimum bonus payable to the employees in the establishment under section 26, and there is no amount or sufficient amount carried forward and set on under sub-section (1) which could be utilised for the purpose of payment of the minimum bonus, then, such minimum amount or the deficiency, as the case may be, shall be carried forward for being set off in the succeeding accounting year and so on up to and inclusive of the fourth accounting year in such manner as may be prescribed by the Central Government.
SWIFT code consists of ________ digits.
Which of the following is the secondary function of Banks?
I. Collecting and supplying business information.
II. Issuing letters of c...
How much penalty is to be paid by a person having more than one Permanent Account Number (PAN card)?
How many Banks were nationalized in the Second Phase of Nationalization of Banks?
Which of the following Bank also owns a linkage Program called SHG’s.
Record of all financial transaction related to individual asset, organisation is called?
Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly owned subsidiary of RBI,has its Head Office (Corporate Office) in which city?
Which of the following financial year is followed by the Reserve Bank of India (RBI) ?
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The Shareholding of state government in respect of RRB’s isÂ