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Latest Articles


Payment of Bonus Act, 1965 – A student approach

Corporate Law : The main object of the Payment of Bonus Act, 1965 is to maintain peace and harmony between labour and capital by allowing the empl...

March 21, 2022 178155 Views 5 comments Print

Issue of Bonus Shares | Section 63 | Companies Act, 2013

Company Law : 1. What dose Bonus Share means? Bonus shares are additional shares given to the current shareholders without any additional cost, ...

May 12, 2021 18435 Views 1 comment Print

Dividend Stripping and Bonus Stripping

Income Tax : This article explains provisions of Income Tax Act 1961, related to Dividend stripping and Bonus stripping. An attempt is made to ...

June 6, 2018 57816 Views 1 comment Print

Cash dividend no longer the king

Income Tax : The corporates today are rewarding their shareholders in various fashionable ways like Bonus shares (equity and preference shares)...

July 26, 2017 4398 Views 1 comment Print


Latest News


Major Achievements of Ministry of Labour & Employment for 2016

Corporate Law : The Ministry of Labour and Employment is committed towards job security, wage security and social security for each and every work...

December 28, 2016 3265 Views 0 comment Print

More and more companies announcing bonus shares to stakeholders

Finance : It’s raining bonus shares on Dalal Street, with nearly two dozen companies offering free shares to their stakeholders in the pas...

July 9, 2010 991 Views 0 comment Print


Latest Judiciary


Kerala HC stays Retrospective Provisions of Payment of Bonus (Amendment) Act, 2015

Corporate Law : Hon'ble Kerala High Court in the case of The United Planters Association of Southern India Vs. Union of India, Stayed the Operatio...

January 27, 2016 7737 Views 1 comment Print


Latest Notifications


Payment of Bonus (Maharashtra Amendment) Act, 2010

Corporate Law : Payment of Bonus (Maharashtra Amendment) Act, 2010 provides that All amounts payable to an employee by way of bonus under Payment ...

August 9, 2021 7086 Views 0 comment Print

No Enhancement of rate of bonus payable to Casual labourers

Corporate Law : I am directed to refer to your letter Reference No. Confdn/Casual Labour/2015-19 dated 29th June, 2016 addressed to Department of ...

May 2, 2017 1053 Views 0 comment Print

Government amends monthly bonus calculation ceiling to Rs 7,000

Corporate Law : for the words three thousand and five hundred rupees at both the places where they occur, the words seven thousand rupees or the ...

January 1, 2016 7848 Views 1 comment Print

Maharashtra mandates payment of bonus only through cheques/banks

Corporate Law : PUBLIC NOTICE Department of Labour Government of Maharashtra Maharashtra mandates payment of bonus only through cheques/banks The ...

October 22, 2010 892 Views 0 comment Print


More and more companies announcing bonus shares to stakeholders

July 9, 2010 991 Views 0 comment Print

It’s raining bonus shares on Dalal Street, with nearly two dozen companies offering free shares to their stakeholders in the past few weeks. Apart from leading companies like ITC, Edelweiss Capital and state-owned MMTC, the list includes many other relatively small- and medium-sized companies across sectors.

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