unclaimed wages and bonus

Internal Audit 3350 views 1 replies

Hi guys,

can somebody advise me on the treatment of UNCLAIMED WAGES, UNCLAIMED BONUS AND SERVICE CHARGES which are remaining unclaimed over a period exceeding 3 years in relation to AP?As in TN(unclaimed wages, bonus etc are to be transferred to TN labour welfare fund after the expiry of 3 years), whether these are to be transferred to any state labour welfare fund?

Replies (1)

Unclalimed wages transferred after 7 years to labour welfare fund.


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