Dear All, I want to know what is new minimum percentage for Bonus is applicable according to new amendment. rgds, Ashok Pamnani HR - Mumbai
From India, Mumbai
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From India, Mumbai
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Hi, The new limit will be 15,000 basic as compared to the old 10,000 INR. The lower limit will be increased from 8.33 to 11%.However this is yet to come into effect. Regards, Rosina
From India, Bangalore
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From India, Bangalore
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Dear Friends, The Bonus amendment is yet to the amended, it is just a bill in the Parliament. The Bonus amendment not yet approved. regards, satish
From India, Mumbai
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From India, Mumbai
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Dear Laxman, Welcome to CiteHR. We have not came across new bonus limit as asked by you. R.N.KHOLA (M)09810405361
From India, Delhi
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422From India, Delhi
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Please confirm if minimum bonus stands at 8.33 % of 3500 INR for wage more than 3500 INR. Rgds Atul
From India, Delhi
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From India, Delhi
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Amendment to Payment of Bonus Act 2015.jpg
Bonus act amendment gazette copy.pdf