Are PF and ESI Deductions Mandatory from Your Deepavali Bonus? Let's Discuss!

arundavidraj

Hi friends, i am having some doubt abt bonus. nw deepavali is comming,my company is calculating bonus. in that bonous pf & Esi deductions must or not pls tell me
1st October 2011 From India, Coimbatore

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ashish24sahrma

I think the attached file regarding amendment in Payment in Bonus Act will answer your question. Regards, Ashish
3rd October 2011 From India, Delhi

Attached Files (Download Requires Membership)

Payment of Bonus Act amendment 2010.pdf (76.5 KB, 346 views)

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R.N.Khola

422

Please go through the definition of 'salary or wage' as provided by Section 2(21) of the Payment of Bonus Act, 1965.

Regards,
R.N.KHOLA

4th October 2011 From India, Delhi

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Are PF and ESI Deductions Mandatory from Your Deepavali Bonus? Let's Discuss!

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Are PF and ESI Deductions Mandatory from Your Deepavali Bonus? Let's Discuss!

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