Dear All Friends,
Advices will be highly appriciated as mentioned below:
1. If any employer pay the bonus 20% (coz he is bound to pay if allocable surplus is higher than minimum payable bonus) as per the bonus act.
My query:
1. Suppose, we pay maximum bonus in a year and after next 3 years there wasn't any allocable surplus so whether we can reduce the % of the bonus and can pay minimum bonus (8.33%) as per legal point of view.
Your advices will be highly appreciated at my e-mail id as below:
Regards,
Vijay Vashisth
From India, Jaipur
13Advices will be highly appriciated as mentioned below:
1. If any employer pay the bonus 20% (coz he is bound to pay if allocable surplus is higher than minimum payable bonus) as per the bonus act.
My query:
1. Suppose, we pay maximum bonus in a year and after next 3 years there wasn't any allocable surplus so whether we can reduce the % of the bonus and can pay minimum bonus (8.33%) as per legal point of view.
Your advices will be highly appreciated at my e-mail id as below:
Regards,
Vijay Vashisth
From India, Jaipur
Dear Friend,
Kindly click on the following link, it will give you some required information,
https://www.citehr.com/download-list...uery=Bonus+Act
Pls let me know was this information useful,,
If not let me try out more & give information,,,,
Regards
Mohamed Sardhar
91 93831 93832
From India, Coimbatore
Kindly click on the following link, it will give you some required information,
https://www.citehr.com/download-list...uery=Bonus+Act
Pls let me know was this information useful,,
If not let me try out more & give information,,,,
Regards
Mohamed Sardhar
91 93831 93832
From India, Coimbatore
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Amendment to Payment of Bonus Act 2015.jpg
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THE PAYMENT OF BONUS ACT.doc