Dear All, Whether food allowance is considered as a part of salary or wage for payment of bonus to the employees under Payment Of Bonus Act,1965. ? Regards Abhishek
From India
Acknowledge(0)
Amend(0)
From India
Acknowledge(0)Amend(0)
Thank you for your input. That is a bit of help, but the question lies there itself. According to the definition, any concessional supply of food grain is not considered as part of wage or salary. However, if a company provides free food allowance or free food as a part of salary or wage, then it is considered as a part of salary or wage. In addition to this, there's one award stating that food allowance is not considered as a part of wage or salary, which creates confusion. I request members to clarify my doubt.
Regards,
Abhishek
From India
Acknowledge(0)Amend(0)
Regards,
Abhishek
From India
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Amendment to Payment of Bonus Act 2015.jpg
Bigger bonuses for more as Lok Sabha amends Payment of Bonus Act - The Economic Times.pdf
THE PAYMENT OF BONUS ACT.doc