Payment of Bonus (Amendment) Rules, 2019

Feb 04, 2019 | by Avantis RegTech Legal Research Team

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On January 29, 2019, the Central Government has amended the Payment of Bonus Rules, 1975 and this amended rule will be called as Payment of Bonus (Amendment) Rules, 2019. It will come into force on the date of publication in the Official Gazette.

Rule 5 of the Payment of Bonus Rules, 1975 which talk about Annual Returns has been substituted. Now every employer have to upload annual return in Form D on the web portal of the Central Government in the Ministry of Labour and Employment on or before February 01 of every year giving information as to the particulars specified. Inspector may ask for the production of accounts, books, documents if required during inspection.

[Notification no. G.S.R. 58(E)]




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