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Payment of Bonus Form 6 | Download Free Templates

Team Lawyered
Team Lawyered
  • Jul 13, 2021
  • 2 min to read
Payment of Bonus Form 6 | Download Free Templates Lawyered

1. What is Form 6? 

Form 6 is used for Annual Return. Every employer must submit an annual return in Form 6 to the employer by the 1st February following the conclusion of the fiscal year in question. An annual or annualised return is a metric that shows how many leaves you have taken, deduction made for loss/damages, breach, fines, etc. The annualised return is calculated as a geometric average to represent the compounded annual return. 

2. Why is it important ? 

Form 6 ensures proper account of employees so that the Employer can file Annual return under the companies mentioned here under this act.

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Team Lawyered
Team Lawyered

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Sophie Asveld

February 14, 2019

Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.

Blog Comment
Sophie Asveld

February 14, 2019

Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.

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