The Payment of Bonus Act has been revised . The official notification is attached. All employees with a basic of less than 10k per month are now covered under this.
From India, Delhi
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1From India, Delhi
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Hi, Thnx for the information given. Can you pls tell me where is the Notification available on line in Ministry of Law website? Thnx in advance
From India, Mumbai
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From India, Mumbai
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Hi, I have a question with this act. Q- What can be consists of a Basic Salary? (eg- any other fixed pay like special all. can be consists with the same of not?) Pl reply. Regards Amit Bhatia
From India, Mumbai
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From India, Mumbai
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Dear Sir, Wages or salary means basic wage, D A & food allowance or food value. Regards, R N Khola Sr Associte Skylark Associates Gurgaon
From India, Delhi
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From India, Delhi
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Wages under Payment of Bonus Act i.e. Rs.10,000/- for coverage under Act. Whether the wages are Basic or Gross Wages
From United States, Manchester
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From United States, Manchester
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Dear
As I have already told that wages or salary means basic wage, D A & food allowance or food value. Gross wages are not to be considered under this Act.
Regards,
R.N.Khola
Skylark Associates, Gurgaon(Haryana)
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
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As I have already told that wages or salary means basic wage, D A & food allowance or food value. Gross wages are not to be considered under this Act.
Regards,
R.N.Khola
Skylark Associates, Gurgaon(Haryana)
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
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Dear Seniors,
I would like to know more about Service Compensation with regards to the IT industry.
1) Is service compensation applicable to the employees in an IT firm?
2) If yes, who would be eligible?
3) How is Service Compensation calculated?
Thanks & Regards,
Venkat
From India, Hyderabad
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I would like to know more about Service Compensation with regards to the IT industry.
1) Is service compensation applicable to the employees in an IT firm?
2) If yes, who would be eligible?
3) How is Service Compensation calculated?
Thanks & Regards,
Venkat
From India, Hyderabad
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Dear Venkat, This thread relates to Payment of Bonus Act & therefore it will be better if you post your query on separate or similar thread. Regards, R N Khola
From India, Delhi
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From India, Delhi
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Dear Moderator,
If the employer declares a bonus/ex-gratia for the performance in the previous year 2009-10, is any employee who has left the organization in this year 2010-11 eligible for the ex-gratia declared? Can anybody clarify?
Email: vvvraman@rediffmail.com
From India, Bangalore
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If the employer declares a bonus/ex-gratia for the performance in the previous year 2009-10, is any employee who has left the organization in this year 2010-11 eligible for the ex-gratia declared? Can anybody clarify?
Email: vvvraman@rediffmail.com
From India, Bangalore
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