Hi, I left the organisation(Service based software company) in may-2011. And my basic salary was less than 5k. So may i ask them for bonus now?
From India, Bangalore
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Dear Mahesh, I hereby inform you that, your basic is less than 10K. So as per bonus Act 1965 you are eligible to bonus. Regards, Anant Bhosle
From India, Mumbai
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In order to be eligible for bonus under bonus Act, your basic + DA shall not exceed rs.10000/-p.m. B.Saikumar navi Mumbai
From India, Mumbai
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Thanks to all for reply.. Could please tell me that how the comany will declare the bonus? Some companies are not giving the bonus and is it mandatory or depend on comany policies??
From India, Bangalore
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