Question
According to Section 36of the Code on Wages, 2019, what
happens if there is no available surplus for a particular accounting year?Solution
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.
Which Part of the Constitution of India consists of Emergency provisions?
Which of the following is not true about Passing off?
The constitutional Validity of Section 499- the Indian Penal Code (Defamation) has been upheld by the Supreme Court of India in which of the following c...
1. The Bharatiya Nyaya Sanhita, 2023 removes sedition as an offence. However, _________ has been included instead of sedition
...Which of the following is correct relating to the licensing of the banking companies?
Which case is known as Post-Master Case?
In which landmark case was it declared that withholding of reasons for impounding the passport of the petitioner was violative of the principles of natu...
A certificate of shares issued by a company should be_________________
Principle rule of equality is covered under which of the article(s) of the Constitution?
Who is the current chairman of TBT Committee?