No Tags Found!

Ranchhod Dangar
1

Dear Seniors,
Happy Diwali to all in advance.
As per our Internal Auditor report
Bonus would not be payable to any employee more than 3500rs. as per bonus act
Please reply me as per law
Regards,
Ranchhod Dangar

From India, Ahmedabad
Shashi (HR)
4

Dear Ranchhod
As per the Bonus Act 1965 :
Applicability of Bonus :
Ceiling of drawing Bonus - Rs 10,000 ( Basic+DA)
It means that Employees who draws Rs. 10,000 or less ( Basic + DA) are liable to get Bonus
Calculation :
For Calculation purpose, Rs. 3500 is the maximum limit.
For example : Salary of Employee A - 9500
Calculation purpose - 3500
Salary of Employee B - 2800
Calculation Purpose - 2800
Thank you

From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.