From "Bhardwaj Ramesh" : Dear Forum members,
As per my knowledge the bonus calculation limit is Rs.3500/ basic per month. Plese help me out whether the limit has been increased or not. last year it was noticed in some news papers that the Govt. is considering to raise the limit.
Regards
RB
1st October 2011 From India, New Delhi

Dear RB,
This limit has not been increased so far.
Regards
R.N.KHLOA|Sr.ASSOCIATE|LL&IR|
SKYLARK ASSOCIATES|GURGAON|HARYANA|
Labour Law Consultants|Mobile:9810405361|

1st October 2011 From India, Delhi
rkn61 122
Would like to supplement as follows:
An amendment bill has already been made as Payment of Bonus (Amendment) bill, 2010 (Reference Bill no.15 of 2010) wherein following are sought for amendment:-
1) Eligibility limit for payment of Bonus is enhanced from 10,000/- to 15,000/-
2) Percentage of minimum Bonus payable from 8.33% to 11%
3) Calculation ceiling of Bonus from 3500/- to 5000/-.
Thanks.
R K Nair
1st October 2011 From India, Aizawl
Dear All, Mr.R.K.N and Mr.R.N.K, Thanks for your valuable inputs. I am also enclosing the amendment notification and the bill for members reference. S.Sethupathy Excellent HR Services, Erode.
1st October 2011 From India, Coimbatore
Attached Files
File Type: doc Bonus act amendment 07.doc (113.0 KB, 7821 views)
File Type: pdf Bill-Payment of Bonus Act Amendment[2010].pdf (629.9 KB, 3688 views)
File Type: xls Bonus_Calulation.xls (21.5 KB, 5026 views)
Dear All
it was just draft bill its not yet published in Gazzete of India hence not applicable , current bonus ceiling of 3500 will continue till the publication of amendment in Bonus
Thanks
Sunil Nipurte
Mumbai
3rd October 2011 From India, Mumbai
Pl let me know if the recommendations on enhancing the above limits have been accepted and accordingly has the amendment bill been passed. Thanks, Sastry
3rd October 2011 From India, Bangalore
Would like to supplement as follows:
An amendment bill has already been made as Payment of Bonus (Amendment) bill, 2010 (Reference Bill no.15 of 2010) wherein following are sought for amendment:-
1) Eligibility limit for payment of Bonus is enhanced from 10,000/- to 15,000/-
2) Percentage of minimum Bonus payable from 8.33% to 11%
3) Calculation ceiling of Bonus from 3500/- to 5000/-.
plz send me G.O. copy of above amemdment bill
10th December 2011 From India, Bangalore
Dear Sir, In Bonus Calculation in industry (Manpower supplier), Bonus = Basic *8.33/100 OR Basic +Da *8.33/100 Kumar
16th October 2012 From India, Chennai
Dear Sir, Pls clarify my staff Basic - 4365 and DA - 2582 = total 6947, in bonus - 6947*8.33% OR 4365 *8.33% Reply me sir kumar
16th October 2012 From India, Chennai
Dear Senthil
It must be 3500 X 8.33% because the Basic or Basic+DA is exceed the limit of Rs.3500/-. Always the Bonus calculation is Basic + DA or the Minimum Salary (as per Minimum Wages Act) fixed by the appropriate government.
16th October 2012 From India, Kumbakonam


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