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Forum: ALL DISCUSSIONS (LIST) 17th October 2019, 01:08 PM
Replies: 19
Views: 17,378
Posted By R.N.Khola
Re: Payment Of Bonus : Is There A Amendment To 3500 - PDF Download

Dear Rajasekar,

We are to pay bonuses to the employees within eight months from the close of the accounting year. Thus, if the accounting year closes on 31st March, then you are to pay the bonus...
Forum: ALL DISCUSSIONS (LIST) 23rd August 2011, 12:25 PM
Replies: 19
Views: 17,378
Posted By R.N.Khola
Re: PAYMENT OF BONUS : IS THERE A AMENDMENT TO 3500

Dear Shikha, as already clarified, one is required to work for only thirty days (thirty working days) in an accounting year for which a bonus is payable to the eligible employees. One year of service...
Forum: ALL DISCUSSIONS (LIST) 23rd August 2011, 11:58 AM
Replies: 19
Views: 17,378
Posted By R.N.Khola
Re: PAYMENT OF BONUS : IS THERE A AMENDMENT TO 3500

According to Section 8 of the Payment of Bonus Act, 1965, this is thirty working days which may be read as under.

8. Eligibility for Bonus

Every employee shall be entitled to be paid by his...
Forum: ALL DISCUSSIONS (LIST) 20th August 2011, 08:52 PM
Replies: 19
Views: 17,378
Posted By R.N.Khola
Re: PAYMENT OF BONUS : IS THERE A AMENDMENT TO 3500

Dear Member, after the amendment of 2007, we are to read section 12 of the Payment of Bonus Act, 1965, as follows.

12. Calculation of bonus with respect to certain employees. Where the salary or...
Forum: ALL DISCUSSIONS (LIST) 20th August 2011, 08:50 PM
Replies: 19
Views: 17,378
Posted By R.N.Khola
Re: PAYMENT OF BONUS : IS THERE A AMENDMENT TO 3500

After the amendment of 2007, we are to read section 12 of the Payment of Bonus Act, 1965, as follows:

12. Calculation of bonus with respect to certain employees.

Where the salary or wage of an...
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