R.N.Khola
Labour Laws & Ir
Swatixansa
Hr Prof
Meetsiddu
Consultant
Venkatnagender
Hr- Associate
Vvvraman
Civil Engineering
+2 Others

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.
From India, Delhi

Attached Files
File Type: pdf paymentofbonusact2007_123.pdf (313.7 KB, 3480 views)

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
From India, Mumbai
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
From India, Mumbai
Dear Sir, Wages or salary means basic wage, D A & food allowance or food value. Regards, R N Khola Sr Associte Skylark Associates Gurgaon
From India, Delhi
Wages under Payment of Bonus Act i.e. Rs.10,000/- for coverage under Act. Whether the wages are Basic or Gross Wages
From United States, Manchester
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

From India, Delhi
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

From India, Hyderabad
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
From India, Delhi
Dear Moderator,
If the employer declares bonus/exgratia for the performance in the previous year 2009-10, any employee who has left the organisation in this year 2010-11, is eligible for the exgratia declared. Can anybody clarify?

From India, Bangalore
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