Hi everyone,
as per y'day article in ET, the govt is modifying bonus conditions for its own employees
at present employees with monthly salary upto 6500/- are eligible, this is being raised to 10,000/- pm
thirdly, 3,500/- would be the minimum bonus...
due to disparities between govt employees n pvt sector, the bonus act shall be suitably modified..
surya vrat
From India, Delhi
41as per y'day article in ET, the govt is modifying bonus conditions for its own employees
at present employees with monthly salary upto 6500/- are eligible, this is being raised to 10,000/- pm
thirdly, 3,500/- would be the minimum bonus...
due to disparities between govt employees n pvt sector, the bonus act shall be suitably modified..
surya vrat
From India, Delhi
Dear Surya, I am little troubling you. Can you scan that page and attached with this file. regs, Bhushan Dahanukar
From India, Mumbai
From India, Mumbai
can any 1 plz lemme knw 4m whn will d new ceiling b applicable. is it applicable 4 2006-07?
From India, Calcutta
From India, Calcutta
I am attaching herewith a press note in this regard. I do not have a copy of the notification of this amendment. I would like to know whether this amendment is from retrospective date.
Regds,
Vikram Singh
9810102421
From India, Delhi
Regds,
Vikram Singh
9810102421
From India, Delhi
If the employee gets Rs.10,000, he will not be eligible for bonus.
If the employees gets more than Rs.3,500, then any such excess will not be considered for bonus and the bonus will be calculated as if his salary is Rs.3,500 only.
From India, Madras
If the employees gets more than Rs.3,500, then any such excess will not be considered for bonus and the bonus will be calculated as if his salary is Rs.3,500 only.
From India, Madras
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Bonus act amendment gazette copy.pdf
Kerala High Court Stay_ Payment of Bonus (Act) Amendment.jpg