Dear Friend, I need help regard bonus. The eligibility, calculation, minimum bonus, Limits (if any) of bonus.
From India, New Delhi
From India, New Delhi
Dear
All related issues are there in the Payment of Bonus Act, 1965 if you have put this query under this Act itself.
With Regards,
R.N.Khola
From India, Delhi
363All related issues are there in the Payment of Bonus Act, 1965 if you have put this query under this Act itself.
With Regards,
R.N.Khola
From India, Delhi
Dear if any employee who will work in any company min. 30 days will be elligible for it. secondly min. limit is 8.33% of basic and max. 20% of basic. thanks payush
From India, Shimla
From India, Shimla
Dear Member
thos who r complted one month eligible 4 bonus as per bonus act.
minimum bonus should be paid 8.33% of basic maximum 20% of basic
if u need any further clarification do let me knw in my mail id
From India, Vadodara
thos who r complted one month eligible 4 bonus as per bonus act.
minimum bonus should be paid 8.33% of basic maximum 20% of basic
if u need any further clarification do let me knw in my mail id
From India, Vadodara
hi all, How to calculate bonus for a person who worked for 30 days. whether (basic*8.33%)/12*1 (one month) or will he eligible for total amount of bonus i.e., basic*8.33% Regards, Vishwanath
From India, Hyderabad
From India, Hyderabad
Here is how to calucalate bonus it is paid basic + Da for financial year * 8.33 % if monthly basic +DA is more than 3500/- for the purpose of calculating the bonus basic & Da shuld be considered as 3500/- and calcaution can be done as follows
3500/365 * no of present days
From India, Pune
3500/365 * no of present days
From India, Pune
As per act min bonus is 8.33% and max 20%. However the salary for calculation of bonus is Rs 3500/- (the eligible limit is upto Rs10000 (ie. even though u r salary is 6500 the salary considered for calculation of bonus is Rs3500only)). Therefore Minimum bonus one gets under PBA Act is 3500*8.33%*12 = 3499 where as maximum bonus is 3500*20%*12=8400 which was rightly said by your accounts.
regards
ravi
From United States
regards
ravi
From United States
one epmloyee got salary more than 10000 rupees in one month in year. he is entitle bonus or not plz kindly give answer to this clerly
From India, Mumbai
From India, Mumbai
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Amendment to Payment of Bonus Act 2015.jpg
Bonus act amendment gazette copy.pdf
Bonus-amendment _206.doc