AMENDMENT TO THE PAYMENT OF BONUS ACT, 1965 - basic salary Pdf Download
CiteHR
 
HOME ANSWERED NEW ABOUT LOGIN
Home > Human Resource Section > Human Resource Management

AMENDMENT TO THE PAYMENT OF BONUS ACT, 1965

M.Peer Mohamed Sardhar Started The Discussion:

AMENDMENT TO THE PAYMENT OF BONUS ACT, 1965
--------------------------------------------------------------------------------

14:45 IST
The Cabinet in its meeting held on October 1, 2007 has approved the Amendments to the payment of Bonus Act, 1965, which are as follows:-

i) Amendment to Section 2(13): To raise the eligibility limit for payment of bonus from the salary or wage of Rs.3500/- to Rs.10,000 per month.

ii) Amendment to section 12: To raise the ceiling for calculation purpose from the salary or wage of Rs.2500/- to Rs.3500/- per month, and;

iii) Deletion of section 32(vi): To cover the employees employed through contractors on building operations .

* * *

SH/CS



http://pib.nic.in/release/release.asp?relid=31572

M.Peer Mohamed Sardhar - Senior Member
Query about Amendment of Bonus Act were more in the last 60 days,, I found the above link from Union Govt website and posted it for the benefit of our Members,,,,,

Helen Raj - 
Dear sir, Can you please let me know whether this amendment effects from the FN 2006 - 07 or 2007 - 08. Regards Helen :roll:

Helen Raj - 
Dear sir, Can you please let me know whether this amendment effects from the FN 2006 - 07 or 2007 - 08. Regards Helen :roll:

himanshu20 - 
Hi,
I would like to ask that regarding this payment of bonus act. Will I get this bonus if my basic salary was less then 10000 Rs. in 2008-2009. If yes, then when will generaly this bonus has been relised...... boz 2008-2009 financial year has been end......

Ronit

george_ca - 
PUBLIC NOTICE
Department of Labour
Government of Maharashtra
Maharashtra mandates payment of bonus only through cheques/banks

The Government of Maharashtra vide ordinance from the Labour Department dated 17.09.2010 has mandated payment of bonus to all workers/employees through cheque/bank account only.



The employers should, therefore, immediately open their own bank accounts and those of their workers, if not already opened in any nationalized/scheduled banks having core banking facility.



In case of any concerns please contact local labour office.



Commissioner of Labour
Maharashtra State

DGIPR/2010-11/1446

i am aware of the minimum bonus is 8.33% & ealigibility is 3500-10000
but i am confused that the maximum limit of 10000/- whether it is total gross/earnings or basic salary or basic+conveyance

if possible please send me the act copy of the same.

george_ca - 
Latest amendment in bonus act. Maharashtra


Attached FilesProvided by community member george_ca. Join us to learn and grow with your peers.
File Type: pdf Payment of Bonus Mah Amendment Ordinance 2010.pdf (120.1 KB, 1353 views)
hi,
this is Bipin here from Nirma Groups
i wants to know that which books or author is wel known in market and i should study it by which we can get in touch completely by reading that books

refer me as early as possible as per your opnions

Found This Useful? +Vote Up This Page Via Google.  

Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network. Add the url of this thread if you want to cite this discussion.


Explore Topical Knowledge Areas

Interesting Relevant Discussions


DISCUSSSION STATISTICS


2
LIKES

12960
VIEWS

8
REPLIES

PLEASE KEEP YOUR CONDUCT PROFESSIONAL AND POLITE


3M Users, 100K+ Documents & 450K+ Discussions

Share »

Community Support & Professional Insights. Login or Register.
Email/Username     Password  

About Us - Advertise - Contact Us - RSS   On Google+  
All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network