I know that as per the bonus act, salary limit for bonus is Rs.10,000/-. However my company is paying bonus for all the employees above the salary of Rs.10,000/-. My query is, can the resigned employee claim the bonus in this situation?
Kindly advise me please?
From India, Hyderabad
Kindly advise me please?
From India, Hyderabad
Dear Balakrishna
If the seprated (resigned, superannuated or death) employee otherwise was entitled for Bonus, can very well claim the pro rata (proportionate to the days worked in the financial year) Bonus.
Regards
Shailesh Parikh
Vadodara, Gujarat
99 98 97 10 65
From India, Mumbai
If the seprated (resigned, superannuated or death) employee otherwise was entitled for Bonus, can very well claim the pro rata (proportionate to the days worked in the financial year) Bonus.
Regards
Shailesh Parikh
Vadodara, Gujarat
99 98 97 10 65
From India, Mumbai
Hi,
As Per Bonus Act 1965, who are working more than 30 days in the organisation they are eligible for Bonus and we need to pay to the all (working & Left) employees within 8 month from end of the financial year. If left employees not avail the bonus we need to keep it in accounts upto 7 years.
Srinivas B
From India, Hyderabad
As Per Bonus Act 1965, who are working more than 30 days in the organisation they are eligible for Bonus and we need to pay to the all (working & Left) employees within 8 month from end of the financial year. If left employees not avail the bonus we need to keep it in accounts upto 7 years.
Srinivas B
From India, Hyderabad
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