319
dear all
this is only on preliminary stage. the govt will think ten times before effecting this as this will first give an additional financial role to their corporates , Hence this delay.If it is pertaining to only private companies then they will do immediately without any hesitation.
thanks
thirumalai s
From India, Madras
this is only on preliminary stage. the govt will think ten times before effecting this as this will first give an additional financial role to their corporates , Hence this delay.If it is pertaining to only private companies then they will do immediately without any hesitation.
thanks
thirumalai s
From India, Madras
Govt. proposal to increase bonus to 11%- Business Manager - HR Magazine update
Dear Friends,
Govt. of India through the payment of bonus (amendment) bill-2010 (15 of 2010) published in Gazette of India, proposes the following amendments :
1. To increase minimum bonus limit from 8.33% to 11%
2. To increase the wage ceiling of coverable employee from 10000/- to 15000/- per month.
3. To enhance the calculation of bonus from Rs. 3500/- to 5000/- per month.
At present the above proposals are in the shape of bill only.
Sir it is Passed?????????????
Dear Friends,
Govt. of India through the payment of bonus (amendment) bill-2010 (15 of 2010) published in Gazette of India, proposes the following amendments :
1. To increase minimum bonus limit from 8.33% to 11%
2. To increase the wage ceiling of coverable employee from 10000/- to 15000/- per month.
3. To enhance the calculation of bonus from Rs. 3500/- to 5000/- per month.
At present the above proposals are in the shape of bill only.
Sir it is Passed?????????????
thanks for giving the valueable advice
As posted already a Bill when introduced in either of the Houses of Parliament has to be passed by both Houses then it is sent for Presidential assent and then it is notified in the Gazette for its coming into effect.In the meanwhile it can be referred to a Parliamentary Select Committee for its detailed consideration .It has to pass through these stages.Till it is notified the discussions can be academic.
With Regards
VS Rajan Associates,
Advocates & Notaries & Legal Consultants[ for Staffing & Recruiting Industry
No.27, Ist Floor, Singapore Plaza,
No.164, Linghi Chetty Street,
Chennai - 600 001.
E-mail : [email protected],net,
Off : 044-42620864, 044-65874684,
Mobile : 9025792684-9025792634
.[/QUOTE]
From India, Chandigarh
As posted already a Bill when introduced in either of the Houses of Parliament has to be passed by both Houses then it is sent for Presidential assent and then it is notified in the Gazette for its coming into effect.In the meanwhile it can be referred to a Parliamentary Select Committee for its detailed consideration .It has to pass through these stages.Till it is notified the discussions can be academic.
With Regards
VS Rajan Associates,
Advocates & Notaries & Legal Consultants[ for Staffing & Recruiting Industry
No.27, Ist Floor, Singapore Plaza,
No.164, Linghi Chetty Street,
Chennai - 600 001.
E-mail : [email protected],net,
Off : 044-42620864, 044-65874684,
Mobile : 9025792684-9025792634
.[/QUOTE]
From India, Chandigarh
Dear Mr. Dixit,
1.He is eligible for the payment of BONUS for the period of 2010-2011. because he have complete 30 working days after the period of march-2011, means he have continue working in 27th feb -2011 to till date.
2. if he left his service on 31st March-2011 (Not continue his service after 31st march 2011) in that case he is not eligible for the payment to bonus.
From India, Delhi
1.He is eligible for the payment of BONUS for the period of 2010-2011. because he have complete 30 working days after the period of march-2011, means he have continue working in 27th feb -2011 to till date.
2. if he left his service on 31st March-2011 (Not continue his service after 31st march 2011) in that case he is not eligible for the payment to bonus.
From India, Delhi
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#Subject List: hr magazine City-India-Delhi minimum bonus statutory bonus payment of bonus financial year bonus act payment of bonus act calculation of bonus labour law labour law consultants basic wage Country-India
Increase in Minimum wages wef 01.01.09-Govt Letter.doc
Govt GO Bonus.pdf
