Dear Sir, As per the Bonus Act, the minimum bonus to be paid is 8.33% of BASIC + D.A. The minimum ceiling is Rs.3500.00, A Employee drawing more than Rs.3500 (Basic + DA) what will be his eligibility for the bonus?
From India, Bangalore
From India, Bangalore
4
Employee is eligible for bonus who drawing wages( Basic+DA) up to Rs.10000/- PM or Less ( 8.33 % OR 20%)
For calculation purpose Rs.3500/- PM max. wiill be taken even if an employee is drawing upto Rs.10000/- PM.
Its mgt discretion for paying Ex-gratia for above Rs.10000/-wages
( Basic+DA).
Mahesh Patel
From India, Ahmadabad
For calculation purpose Rs.3500/- PM max. wiill be taken even if an employee is drawing upto Rs.10000/- PM.
Its mgt discretion for paying Ex-gratia for above Rs.10000/-wages
( Basic+DA).
Mahesh Patel
From India, Ahmadabad
Dear Reyami,
Refer the Gazette notification of India, about "The Payment of Bonus (Amendment) ordinanance, 2007 dated 27.10.2007 to raise the eligibility limit for payment of bonus from the salary or wages of Rs. 3500 per month to Rs. 10000/- per month.
If you require the notification please write to me on my Email
.
M.K.Sharma
Mobile:9990422755
From India, New Delhi
Refer the Gazette notification of India, about "The Payment of Bonus (Amendment) ordinanance, 2007 dated 27.10.2007 to raise the eligibility limit for payment of bonus from the salary or wages of Rs. 3500 per month to Rs. 10000/- per month.
If you require the notification please write to me on my Email
M.K.Sharma
Mobile:9990422755
From India, New Delhi
Dear Reyami,
Refer the Gazette notification of India, about "The Payment of Bonus (Amendment) ordinanance, 2007 dated 27.10.2007 to raise the eligibility limit for payment of bonus from the salary or wages of Rs. 3500 per month to Rs. 10000/- per month.
If you require the notification please write to me on my Email.
M.K.Sharma
Mobile:9990422755
From India, New Delhi
Refer the Gazette notification of India, about "The Payment of Bonus (Amendment) ordinanance, 2007 dated 27.10.2007 to raise the eligibility limit for payment of bonus from the salary or wages of Rs. 3500 per month to Rs. 10000/- per month.
If you require the notification please write to me on my Email
M.K.Sharma
Mobile:9990422755
From India, New Delhi
good notification but one question is tht
suppose IF BASIC - 2500 DA=1500 & HIS BASIC & DA BECOME =4000 APART
FROM THIS HE GET HRA 1000 , CA 800 MEDICAL ALLL : 2000 ED. ALL OWN =200
HIS SAL BECOMES 8000
HERE IN KARNATAK ON ALLOWNCAES P.T. IS GOING TO DEDUCT IE. 100 RS.
NOW B & D IS 4000 IS 30 RS. NOW WHETHER AGAIN WE HAVE TO DEDUCT P T
CAN ANY BODY TELL ABOUT THIS
PL. - SLG
From India, Belgaum
suppose IF BASIC - 2500 DA=1500 & HIS BASIC & DA BECOME =4000 APART
FROM THIS HE GET HRA 1000 , CA 800 MEDICAL ALLL : 2000 ED. ALL OWN =200
HIS SAL BECOMES 8000
HERE IN KARNATAK ON ALLOWNCAES P.T. IS GOING TO DEDUCT IE. 100 RS.
NOW B & D IS 4000 IS 30 RS. NOW WHETHER AGAIN WE HAVE TO DEDUCT P T
CAN ANY BODY TELL ABOUT THIS
PL. - SLG
From India, Belgaum
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