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  #1  
04-10-2008, 07:11 PM
Join Date: Sep 2008
Location: nasik
To pay bonus in new set up industry
Dear sir,

I am working as a PM of newly autospares industry established from April 2007. Our production stated from December 2007. Whether we are applicable to pay bonus. We earn very small profit in the year 2007-2008.

i.e. Our Skill people earns @ 120 - 150 per day. & Helper gets 80 - 100 per day.

i. e. In our staff 4 personeel earning more than gross salary 10000/- (Basic 4000/-+HRA 4000+2000 Conveyance).

kindly guide in such manner if we are applicable to pay bonus. Kindly guide/ update me Sec.16 (Relaxation to pay bonus up to first five years.

Please do the needful & oblidge.

arun bhave
9890305817.
  #2  
07-10-2008, 03:49 AM
Join Date: Jan 2008
Location: Ahmedabad
As per bonus act, u need not to pay bonus till your organisation completes 5 years.

relax...

Chetan Jani

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