Production Incentive Scheme

Rajpreet Singh (Querist) 15 April 2009 This query is : Resolved
Dear Sir,
Please advice, can a customised production incentive scheme be formed under which all the workers are paid a uniform rate of production incentive say 30% of basic wages. Under the scheme all the workers will be paid Production Incentive if month's actual production exceeds target production. What are the records to be maintained for this and what are the other legal formalities regarding this.
Thanks
CA Rajpreet Singh
+9915135627

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