Bonus Calculation - Bonus Act [Thread 3907]

rajeevanalyst
Dear Mr. Anand & Kanaka,
Would like to know if a basic for an employee is say Rs.3000/- and for a particular month on the basis of LWOP he/she has been paid Rs.2800/- will the bonus be calculated on Rs.2500/- or bonus will be worked on Rs.2333/- (taking pro rata of Rs.2500/-).
Please in need of a urgent answer.
Regards
Rajeev Sharma
ashish_gwal1
from where an employer will give letter regarding the bonus distributed for the current year ...
ashish
sbhaduri
is Bonus payable by a loss making company in its 6th year of operation.
Also will it be payable to contract labour.
The above is for a service industry
seemasreekailas
Dear Sir,
Can you explain the ammended bonus Act ? I think the minimum for the payment of bonus is amended to Rs.10000 ? Pls give me the correct calculation
Archanaj
what is the applicability for the bonus? basic should be less than 5000/- or less than 10000/-
mahesh s patil
Dear Radha
u can limit the amount to 3500/- for Bonus, and rest amount u may calculate as exgratia
R.N.Khola
Dear Samer,
ALC means Assistant Labour Commissioner. A return in form 'D' is to be sent to the Inspector of the area.
Regards,
R.N.Khola


a_viswanatha
For calculation of bonus ONLY ABSENTIESM SHOULD BE CONSIDERED. LEAVES, HOLIDAYS NEED NOT BE TAKEN
sa_kghosh1981
Dear Mr.Khola,
Thank you very much,
Kindly update, what is % of salary breakup(Like basic,Dearness,HRA,Convency,Medical,LTA and ect.)and also how&which % we calculate dearness allowance from the basic.
and also my name spelling is Sameer not samer
Regards,
Sameer
R.N.Khola
Dear Sameer,
I do not came across any of the labour law which gives us guidelines or directions as regards to % of salary break up & therefore in my opinion you are to decide of your own these % under different heads of the salary. Sorry for your name spell.
With regards,
R N Khola
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