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The Payment of Bonus Act has been revised . The official notification is attached. All employees with a basic of less than 10k per month are now covered under this.
Hi, Thnx for the information given. Can you pls tell me where is the Notification available on line in Ministry of Law website? Thnx in advance
Hi, I have a question with this act. Q- What can be consists of a Basic Salary? (eg- any other fixed pay like special all. can be consists with the same of not?) Pl reply. Regards Amit Bhatia
Dear Sir, Wages or salary means basic wage, D A & food allowance or food value. Regards, R N Khola Sr Associte Skylark Associates Gurgaon
Wages under Payment of Bonus Act i.e. Rs.10,000/- for coverage under Act. Whether the wages are Basic or Gross Wages
Dear
As I have already told that wages or salary means basic wage, D A & food allowance or food value. Gross wages are not to be considered under this Act.
Regards,
R.N.Khola
Skylark Associates, Gurgaon(Haryana)
(Labour Law & Legal Consultants)
09810405361
As I have already told that wages or salary means basic wage, D A & food allowance or food value. Gross wages are not to be considered under this Act.
Regards,
R.N.Khola
Skylark Associates, Gurgaon(Haryana)
(Labour Law & Legal Consultants)
09810405361
Dear Seniors,
I would like to know more about Service Compensation, with regards to IT Industry.
1)Is service compensation applicable to the employee(s) in an IT firm?
2) If yes, who would be eligible?
3) How is Service Compensation calculated?
Thanks & Regards,
Venkat
I would like to know more about Service Compensation, with regards to IT Industry.
1)Is service compensation applicable to the employee(s) in an IT firm?
2) If yes, who would be eligible?
3) How is Service Compensation calculated?
Thanks & Regards,
Venkat
Dear Venkat, This thread relates to Payment of Bonus Act & therefore it will be better if you post your query on separate or similar thread. Regards, R N Khola
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Listed Under basic wage City-India-Delhi basic salary bonus act labour law gross wages payment of bonus act bonus act 1965 payment of bonus Country-India
Amendment to Payment of Bonus Act 2015.jpg
Payment of Bonus Act Amendment.pdf
