Hi friends
Sure you all have enjoyed Diwali.
Currently what are the eligibility criteria of an employee for Bonus as per the ACT with its latest amendments. I am asking in relation to the salary and level an employee belongs to (i.e. bargaining or executive/ Management staff).
When does an employee lose the eligibility for bonus to be given exgratia?
Could anyone throw some light on this.
Shantanu
From India, Calcutta
Sure you all have enjoyed Diwali.
Currently what are the eligibility criteria of an employee for Bonus as per the ACT with its latest amendments. I am asking in relation to the salary and level an employee belongs to (i.e. bargaining or executive/ Management staff).
When does an employee lose the eligibility for bonus to be given exgratia?
Could anyone throw some light on this.
Shantanu
From India, Calcutta
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Amendment to Payment of Bonus Act 2015.jpg
Bonus act amendment gazette copy.pdf
Bonus-amendment _206.doc