IF A EMPLOYEES IS GETTING WAGES MORE THAN 3500,THEN HE IS NOT ENTITLED FOR BONUS,BUT IF EMPLOYER WANT THEN CAN PAY. WAGES MEANS BASIC+DA REGARDS RANJEET 9871898784
From India, New Delhi
30From India, New Delhi
Dear All, Employees drawing 3.5k & above r not eligible for Bonus but the company may give the employees ex-gratia amount.
From India, Mumbai
From India, Mumbai
Please check with new amendment in payament of Bonus Act ... that is monthly salary 10,000 and wage celling is 6500.
From India, Pune
From India, Pune
Pls let us know if any worker who worked lesss than a month , is Bonus applicable If applicable what is the basic of calculating the same . Pls help
From India, Madras
From India, Madras
Dear Member,
According to section 8 of the payment of Bonus Act, 1965 every employee shall be entitled to be paid by his employer in an accounting year, bonus, in accordance with the the provisions of this Act, provided he has worked in the establishment for not less than 30 working days in that year.
With Regards,
R.N.Khola
From India, Delhi
According to section 8 of the payment of Bonus Act, 1965 every employee shall be entitled to be paid by his employer in an accounting year, bonus, in accordance with the the provisions of this Act, provided he has worked in the establishment for not less than 30 working days in that year.
With Regards,
R.N.Khola
From India, Delhi
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Bigger bonuses for more as Lok Sabha amends Payment of Bonus Act - The Economic Times.pdf
THE PAYMENT OF BONUS ACT.doc