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Allocatable surplus under the Payment of Bonus Act refers to the portion of a company’s profit that is available for distribution as bonuses to employees after accounting for certain deductions. This surplus is calculated based on the company's total profits, adjusted for specific expenses and statutory reserves. The allocatable surplus is then used to determine the bonus amount that can be distributed to eligible employees, ensuring that bonuses are fairly allocated based on the company's financial performance.
What else can I help you with?
When was the last time there was a federal surplus?
The last federal surplus was in 2000-2001 under the Bush administration.
How do you find the value of producer surplus under a single price monopoly?
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What is the consumer surplus under monopoly?
Consumer surplus under a monopoly is the difference between what consumers are willing to pay for a good or service and what they actually pay. In a monopolistic market, the monopolist typically sets a higher price and produces a lower quantity than would occur in a competitive market, leading to a reduction in consumer surplus. The monopoly's market power allows it to capture more of the total surplus as profit, resulting in a deadweight loss and less overall welfare for consumers. Consequently, consumer surplus is generally lower in a monopoly compared to a competitive market.
How can one determine consumer surplus in a market?
Consumer surplus in a market can be determined by calculating the difference between what consumers are willing to pay for a good or service and what they actually pay. This can be done by finding the area under the demand curve and above the market price. The larger the consumer surplus, the more value consumers receive from the transaction.
Enumerate the ways in which nation can overcome an unfavorable balance of trade?
improve technology is one
What are allowable surplus according to payment of bonus act?
Allowable surplus under the Payment of Bonus Act, 1965, refers to the amount of surplus that can be distributed as bonuses to employees. It is calculated based on the company's profits, taking into account certain deductions such as depreciation, taxes, and other liabilities. The allowable surplus is determined after accounting for the minimum bonus requirements and any other statutory obligations. The Act ensures that the distribution of bonuses is fair and proportionate to the company's financial performance.
What Ex gratia is providable out of Bonus?
Hi Bonus and Ex Gratia are two different payments. Bonus is a statutory payment under the Act, whereas Ex Gratia is purely voluntary. It follows that Ex Gratia is not included with the payment of Bonus, but is payable at the discretion of management in addition to or even in the absence of bonus.
What is allocable surplus?
According to Payment Of Wages Act 1965, Allocable Surplus means; In relation to an employer, being a company (other than a banking company) which has not made arrangements prescibed under Income Tax Act for the decalration an payment of dividend in accrdance with section 194 of that Act, 67% of such available surplus in an accounting year.In any other case 60% of such available surplus.
When was the last time there was a federal surplus?
The last federal surplus was in 2000-2001 under the Bush administration.
What are the conditions under which surplus may exist?
The wet and cold weather conditions.
What were the January 2013 Wheel of Fortune Bonus Puzzles Answer?
The answers are the bonus puzzles and after the show has aired they are listed under the related question
If a labor saves half of time of the standared time the incentive amount under Halsey plan and Rowan plan will be equal?
Bonus - Under Halsey plan the bonus increases steadily with increase in efficiency. But in Rowan plan the bonus increases up to a certain point and starts declining thereafter. Rowan plan provides better bonus than Halsey plan till the work is completed in half the standard time. When the work is completed in exactly half the standard time, the bonus is the same under both the plans. When the work is completed in less than half the standard time, bonus is greater under Halsey plan.
What were the the World War 1 veterans called that went to Washington DC in 1932?
They were called the "Bonus Army" when they marched to Washington in 1932 to press for immediate payment of the bonuses granted them under a 1924 act (the World War Adjusted Compensation Act). Although the bonuses were not to be payable until 1945, many veterans were put out of work by the Great Depression, which began in 1929, and wanted their payments early. They were evicted from their camps by the army, but in 1936 many were granted payments by Congress.
What congress under harrison spent a huge surplus?
It was called the "Billion Dollar Congress"
Where and under which heading is the unclaimed dividend disclosed in the balance sheet of the company?
reserves surplus
What were the July 2013 Wheel of Fortune bonus luzzles?
See What were the July 2013 Wheel of Fortune bonus puzzles? Under related questions
What are the bonus answers for December 2012?
If you mean the Wheel of Fortune Bonus Puzzles for December 2012 they can be found only under the related question at this site
