COMPLIANCES UNDER THE ACT :
The establishment must ensure following compliances under the Act. These compliances are not exhaustive but illustrative.
1. The total number of employees who are entitled to bonus in department/ undertaking (a) are ….. and (b) are ……
2. The total number of employees who are not entitled to bonus in view of their having worked for less than thirty days during the accounting year in case of department (a) are …. and (b) are ……
3. The Establishment did not pay bonus to …. employees in view of their dismissal from service for (a) fraud or (b) riotous behaviour on the premises of Establishment or (c) theft, misappropriation or sabotage of any property of the establishment.
4. The Establishment has made deductions from the amount of bonus payable under PBA in respect of ……. employees in view of their being found guilty of misconduct causing financial loss to the Establishment. The quantum of deduction was only to the extent of amount of loss suffered by the Establishment.
5. The Establishment has computed the gross profit and available surplus in accordance with the provisions of the Act read with the rules made thereunder.
6. In relation to the year ended 31st March 20…., the Establishment paid bonus in cash/cheque(s) or electronic clearance system (ECS) or other electronic mode to its employees at the rate of …… which is not less than the minimum statutory requirement as specified under PBA on 15th January 20…., which is within eight months from the close of the accounting year.
7. During the accounting year, the Establishment opened a separate bank account for transfer of unpaid/ unclaimed bonus in respect of employees who have either not been paid bonus for any reason or not collected their bonus for the accounting year ended on 31st March 20…. with ……. Bank (Branch) ….. The unpaid/unclaimed bonus has been deposited with the concerned welfare Board.
8. During the year, the Establishment transferred on …… to Labour Welfare Fund a sum of Rs. …. being the unpaid/unclaimed bonus of ……. employees, whose entitlement under PBA remained unpaid/ unclaimed since …… being the last date on which the bonus was to be paid to those …. for the year ended 31st March 20….
9. In relation to the year ended 31st March 20…., the Establishment has filed Annual Return with the Inspector appointed under the Act on ……., which is within thirty days from the date of payment of bonus under Section 19 of the PBA.