Dear sir, What about the ex-employees who’s wages is more than 21,000/-p.m. Is he eligible for Bonus. Pl advice.
From India, Pune
From India, Pune
Dear Jayant,
If the wages or salary as defined at sec.2(21) of Payment of Bonus Act, 1965 exceeds Rs. 21,000/- per month then that ex-employee shall not be entitled for any bonus under this Act.
R N KHOLA
From India, Delhi
363If the wages or salary as defined at sec.2(21) of Payment of Bonus Act, 1965 exceeds Rs. 21,000/- per month then that ex-employee shall not be entitled for any bonus under this Act.
R N KHOLA
From India, Delhi
As per the Payment of bonus act 1965, an employee drawing a gross salary of less than Rs. 21000 /-P.M is eligible for the bonus. In your case, the person is not eligible for the bonus.
From India, Chennai
From India, Chennai
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