Bonus act update Per amendment to the Payment of Bonus Act 1965 all employees drawing a basic salary Base Pay of less than or equal to Rs.10000/ per month are eligible for Bonus for the[..] 18 Replies
Bonus Respected Seniours Any body can send details of Bonus Calculations. ie.1 applicability 2when any factory Not started his production that time bonus is applicable or Not ? 3 Minimum & Maximum of[..] 1 Replies
Bonus dear sir can we disburse the bonus on monthaly basis if bonus is linked with production. and plz tell me what i have to do to link bonus with Production.its urgent thanks[..] 2 Replies
Special case - bonus calculation My salary is 9500/ from April 2007 to December 2007. It is increased to 10100/ from January 2008 onwards. Am I eligible to receive bonus for the months from April 2007[..] 14 Replies
Update on payment of bonus act 1965. Dear Sir/Madam From when/which date the recent update on payment of bonus act is applicable. Also would like to know that the employees who are working in software industry and are having their[..] 1 Replies
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.