The Payment of Bonus (Amendment) Rules, 2016.

Employers Need Not Submit Annual Return Under Payment Of Bonus Rules

The payment of Bonus rules, 1975, in rule 5, sub rule (1) the provision shall be omitted. which was "rule 5(1) Every employer shall on or before the 1st day of February in each year upload annual returns in the Form D on the web portal of the Ministry of Labour and Employment giving information as to the particulars specified in respect of the preceding year.

Provided that the annual returns shall be filed within the time limit specified in section 19 of the Act."

However the rule 5(2) shall remain same and require to submit a return wherein "5(2) Every employer on or before the 1st day of February in each year may file annual returns in the Form D to the Inspector giving information as to the particulars specified in respect of the preceding year:

Provided that during the inspection, the inspector shall require the production of the accounts, books, register and other documents if the same are maintained in manual form or in electronic form, as the case may be.

Explanation.—For the purposes of this sub-rule, the expression  “electronic form” shall have the same meaning as assigned to it in clause (r) of section 2 of the Information Technology Act, 2000 (21 of 2000).

Find the notification for the year 2016 of omitted rule 5(1)

Find the notification for the amendment of the Payment of Bonus rules, 1975 Rule 5 (1) & (2) inserted in the year of 2014

Contributor: Time Rahul