Amendment - Payment Of Bonus Act [2010] - PDF Download

Hi,
Enclosed is the Amendment for Payment of Bonus Act (2010)
This can be of some help to members of Cite-HR.
Regards,
SanjogK
Shared Service Center - HR

thanks SanjogK.....
if any is taking salary say 20000 pm take home then, would he be eligible for bonus... how would be the calculation?
please guide....
thanks
ajay

Dear All Members,
Please help me out by providing your advice regarding
1. Ceiling Bonus means what & what amt should i take for calculation..?
2. What is set on & set Off...?
3. Employees joined on 16 March 09 and left on 15 april 10, have they rights to claim bonus..?
Thanks & regards
-Devidas,

Dear Devidas
1. Ceiling Bonus means if Salary will be Rs. 10,000/- then Bonus Amount to be Paid Rs. 3500/- as a 8.33% max level to Rs. 3500/-
2. Set ON & Set Off is found after Calculating from Form A & B.
3. Yes the Employee has right to claim Bonus.
Regards,
Arihant

Dear Sanjok ji,
The attachment pdf is only a bill put up before parliment please see it on the top of the title. Please attach if you have any Gazett Notification. URGENT.
Regards,
PBS KUMAR

Dear All,
CLARIFICATION
Above attached bill is is only a Bill and not an Act. No-one knows about the fate of the Bill – whether or not it will be presented before the Parliament? Hence there is no need for acting upon the said Bill till it becomes an Act.
Regards
Shyam Pandirkar

dear sir,
Employees joined on 11 jan 2010 and transfer to other department same company on 23 sep 10, have they rights to claim bonus..?

Dear Friends,
Post regarding amendment proposal in Bonus act , has created confusion among HR professionals.
The attachment as rightly said by one friend in his comments is only a bill . It has to travel long before becoming act and enforced legislation.
People need not to act on it.
As on date there is no amendment in the act enforced so far.
regds
anil kaushik
chief Editor,Business manager-HR magazine
B-138,Ambedkar Nagar,Alwar-301001
Mob:09829133699
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Dear Member,
Why not ? If the employee is working with the same employer then even if he is transferred to any other department of the same unit then his right to claim bonus is not going to be effected.
Regards,
R.N.Khola

Dear All
Please tell me how to classify workers as skilled or semi skilled ours is a engineering unit and mostly lathe workers we calssified them as semi skilled
but workers say that we are in skilled category.Please send us some defination as per labour law.By my defination skilled worker should have some degree or matrix passed atleast .please help me