Friends, PFA notification dated 6.12.2016 on the subject. Thanks
From India, Malappuram
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1454From India, Malappuram
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Dear Mr. PC Agrawal,
Could you please provide any updates on the stay injunction issued by the Hon. Bombay High Court regarding the payment of Bonus at 8.33% from the retrospective date of 1.4.2016? Has the stay been vacated or has a ruling been passed?
Regards,
Kanthan
From India, Thane
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Could you please provide any updates on the stay injunction issued by the Hon. Bombay High Court regarding the payment of Bonus at 8.33% from the retrospective date of 1.4.2016? Has the stay been vacated or has a ruling been passed?
Regards,
Kanthan
From India, Thane
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As per the template, it is only asking for the suggestion and not for any stay on the former rule passed. Please clarify.
From India, Jammu
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From India, Jammu
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Dear Kirtirawat,
The above notification is something different. What I wanted to know is whether the Hon. High Court had given any ruling on the WPL-1548 putting a stay on the Govt. Gazette notification dated 1.1.2016, which stated that the bonus at 8.33% is applicable wef 1.4.2014. The stay was also granted by different High Courts. Kindly update on this.
Rgds
From India, Thane
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The above notification is something different. What I wanted to know is whether the Hon. High Court had given any ruling on the WPL-1548 putting a stay on the Govt. Gazette notification dated 1.1.2016, which stated that the bonus at 8.33% is applicable wef 1.4.2014. The stay was also granted by different High Courts. Kindly update on this.
Rgds
From India, Thane
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In my opinion stay is granted only to those employers, who have/has filed the petition on some bases and not to all employers of the state or whole state.
From India, Chandigarh
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From India, Chandigarh
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sir, We have to send the form -D for the financial year 2015-16 or As per notification we have not to send the form - D
From India, Bangalore
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From India, Bangalore
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Dear all,
My comments are as follows:
1) The above-posted notification dated 6.12.2016 is the final notification after receiving comments from the public.
2) Various High Courts, including the Bombay High Court, have granted a stay on the retrospective amendment of the Act.
3) As it is a Central Act, the stay is applicable throughout India.
4) The Writ Petition filed by Tech Mahindra in the Bombay High Court is scheduled for a hearing on 12.1.2017. Until then, the stay will continue. A copy of the stay order dated 13.6.2016 is attached for reference.
Thanks
From India, Malappuram
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My comments are as follows:
1) The above-posted notification dated 6.12.2016 is the final notification after receiving comments from the public.
2) Various High Courts, including the Bombay High Court, have granted a stay on the retrospective amendment of the Act.
3) As it is a Central Act, the stay is applicable throughout India.
4) The Writ Petition filed by Tech Mahindra in the Bombay High Court is scheduled for a hearing on 12.1.2017. Until then, the stay will continue. A copy of the stay order dated 13.6.2016 is attached for reference.
Thanks
From India, Malappuram
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Thank you PC Agrawal Sir for your update on the Stay. Kindly keep us informed about the outcome of the case after its hearing on 12.1.2017. Thanks
From India, Thane
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From India, Thane
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Dear Mr. C Agrawal,
There is some confusion regarding the calculation of bonus payment. What is the definition of Minimum Wages for this purpose - Is it Basic or Basic + Special Allowance, as notified from time to time? Some members are suggesting that Basic constitutes the minimum wages for bonus calculation.
Kindly clarify this for me.
Thanks,
Kanthan
From India, Thane
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There is some confusion regarding the calculation of bonus payment. What is the definition of Minimum Wages for this purpose - Is it Basic or Basic + Special Allowance, as notified from time to time? Some members are suggesting that Basic constitutes the minimum wages for bonus calculation.
Kindly clarify this for me.
Thanks,
Kanthan
From India, Thane
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Amendment to Payment of Bonus Act 2015.jpg
Payment of Bonus Amendment Bill, 2015.pdf