Hi,
Employee Salary is Rs. 4500/- per month (Basic & DA) and worked for 12 months from Apr 09 to Mar 10. As per the Act, please clarify the following:
1. Is Bonus applicable?
2. What is the minimum bonus to be paid (8.33%)?
3. What is the maximum bonus to be paid (20%)?
Regards,
Haneef
From India, Bangalore
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Employee Salary is Rs. 4500/- per month (Basic & DA) and worked for 12 months from Apr 09 to Mar 10. As per the Act, please clarify the following:
1. Is Bonus applicable?
2. What is the minimum bonus to be paid (8.33%)?
3. What is the maximum bonus to be paid (20%)?
Regards,
Haneef
From India, Bangalore
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Bonus is applicable for 30 days of working in a year.
- Minimum Limit: Rs. 3500/-
- Maximum Limit: Rs. 8400/-
- Minimum Limit for Bonus: 8.33% on Basic + DA (Special Allowance)
- Maximum Limit for Bonus: 20% or more as Management wishes.
Thanks
From India, Mumbai
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- Minimum Limit: Rs. 3500/-
- Maximum Limit: Rs. 8400/-
- Minimum Limit for Bonus: 8.33% on Basic + DA (Special Allowance)
- Maximum Limit for Bonus: 20% or more as Management wishes.
Thanks
From India, Mumbai
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Dear Sir,
Suppose the Date of Joining of the Workman is 13th December 2009, and he resigned on 10th May 2010. He worked for 84 days from December 09 to March 10 and 12 days from April 10 to May 10.
Is he eligible for a bonus for April 10 to May 10? Please advise me.
Thanks/Regards,
Asish
From India, Calcutta
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Suppose the Date of Joining of the Workman is 13th December 2009, and he resigned on 10th May 2010. He worked for 84 days from December 09 to March 10 and 12 days from April 10 to May 10.
Is he eligible for a bonus for April 10 to May 10? Please advise me.
Thanks/Regards,
Asish
From India, Calcutta
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As per Payment of Bonus Act, He is entitle for Bonus.2. minimum Minimum Bonus Is 8.33%Maximum Bonus is 20% REGARDS
From India, Jodhpur
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From India, Jodhpur
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Hi ! We are engaging 15 contract labour,Contract has not taken saperate PF code number. Who is responsible to deposit PF contribution? Regards V K Sharma
From India, Jodhpur
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From India, Jodhpur
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Dear Shri Sharmaji,
If the contractor does not have an independent PF code, then the entire responsibility for PF compliance lies with you for the contract laborers working on your premises. There is no escaping from this.
Regards,
KK
From India, Bhopal
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208If the contractor does not have an independent PF code, then the entire responsibility for PF compliance lies with you for the contract laborers working on your premises. There is no escaping from this.
Regards,
KK
From India, Bhopal
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BONUS CALCULATION FOR W.B.Govt employee for 2010-2011.xls
Employee Benefits.doc