Pandit Satish
Hr Manager.
Hr, Administration & Law
+5 Others

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
The payment of Bonus Amendment act,2010 is applicable for financial year 2011-12.
ie; Should the caluculation based on 11% of basic instead of 8.33%. Please help.
Also please let me know from when is it applicable ?.

Dear Satish,
Can you provide the scanned copy of the said Act? I am already having the scan copy of the proposed bill which as per my knowledge has not yet been passed in Parliament and hence not been enacted as an Act. But I may not be updated on this,so pls help me out at the earliest.
Amitava Majumder


Attached Files
File Type: pdf Payment of Bonus Act Amendment[2010].pdf (629.9 KB, 344 views)

Dear Mr. Satish,
The attachment provided by you is the ammended bill no.15 that was proposed. Has this been enacted in the Payment of Bonus Act, yet? If yes, pls. do provide the same for the reference of those who are unaware. Thanks!

Dear Mr. Satish, I have already got the attachment. Pls send the amendment to the act in case it has been done. Regards Amitava Majumder
Mr. Satish is not corret. Only Amendment Bill was introduced. It is not ecacted yet. Hence as on date the present status only will continue till amendment takes place.
D. Phani Kumar
Vasavadatta Cement
(A unit of Birla Group of Companies)
Gulbarga Dist. Karnataka.

Would we have bonus this year as per the changed rate or it is yet to be passed by Parliament.Please clarify M D Deshmukh
Dear Satish,
Pls send me the copy of official gazzete of amended Bonus ACT 2010 passed by the Parliament and must tell me from which year the calculation of bonus 11% would be applicable.
Davinder Pal Sood

Dear Satish,
I am working in Steel Melting Unit at Patiala.At present we are functioning in day shift.As loooking the production,we need to start 2nd shift(Night Shift).My query is can we start night shift in our company without the any permission of Labour Department or is there any law to take permission from Labour Department for starting Night shift.If any need of permission ,then tell me procedure of getting permission from Labour Department.
I shall waiting for your fruitful reply.
Davinder Pal Sood

Dear Satish
Bonus Act Amendment bill 2010 has been tabled in LOKSABHA.
However, this has not yet been passed in both the Houses.
Bonus Act status-co remains as it is. i.e. OLD RATES PREVAIL.
Best Wishes.
Sunil Govitrikar

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.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™