Dear Concern,
Please clarify me for Bonus Calculation as per Payment of Bonus (Amendment)Act 2015. Please Clarify me on below cases:-
Cases for Bonus Calculation
S. No. Basic Min Wages Calculation ?
1 6000 8554
2 9000 10374
3 20000 11414
4 9500 8500
Where we have to consider Rs. 7000/-, Actual Basic/- and where Minimum Wages of for Bonus Calculation.
Thank & Regards
Manoj Kumar
From India, undefined
1Please clarify me for Bonus Calculation as per Payment of Bonus (Amendment)Act 2015. Please Clarify me on below cases:-
Cases for Bonus Calculation
S. No. Basic Min Wages Calculation ?
1 6000 8554
2 9000 10374
3 20000 11414
4 9500 8500
Where we have to consider Rs. 7000/-, Actual Basic/- and where Minimum Wages of for Bonus Calculation.
Thank & Regards
Manoj Kumar
From India, undefined
Dear Concern,
Please clarify me for Bonus Calculation as per Payment of Bonus (Amendment)Act 2015. Please Clarify me on below cases:-
Cases for Bonus Calculation
S. No. Basic Min Wages Calculation ?
1 6000 8554
2 9000 10374
3 20000 11414
4 9500 8500
Where we have to consider Rs. 7000/-, Actual Basic/- and where Minimum Wages of for Bonus Calculation.
Thank & Regards
Manoj Kumar
From India, undefined
Please clarify me for Bonus Calculation as per Payment of Bonus (Amendment)Act 2015. Please Clarify me on below cases:-
Cases for Bonus Calculation
S. No. Basic Min Wages Calculation ?
1 6000 8554
2 9000 10374
3 20000 11414
4 9500 8500
Where we have to consider Rs. 7000/-, Actual Basic/- and where Minimum Wages of for Bonus Calculation.
Thank & Regards
Manoj Kumar
From India, undefined
As per the amemedment act we need to calculate the bonus on Rs.7000 or the minimum wages payable for the respective industry. hence if the minimum wages payable is greater than rs.7000 , then the bonus is to be calculated on the minimum wages.
rgds.
Ravindranath
From India, Delhi
rgds.
Ravindranath
From India, Delhi
Dear Mr Manoj Kumar, You have to consider MINIMUM wages for Bonus calculation. Regards Govind Pawar
From India, Mumbai
From India, Mumbai
Dear Concern,
In above discussion please clarify in the Serial No. 1 if Basic is Rs. 6000/- and Minimum Wages is Rs. 8554/- then Whether we have to consider Minimum Wages ie Rs. 8554/- for Bonus calculation or Rs. 7000/-.
Thanks & Regards
Manoj Kumar
From India, undefined
In above discussion please clarify in the Serial No. 1 if Basic is Rs. 6000/- and Minimum Wages is Rs. 8554/- then Whether we have to consider Minimum Wages ie Rs. 8554/- for Bonus calculation or Rs. 7000/-.
Thanks & Regards
Manoj Kumar
From India, undefined
Dear All
Pls refer to my blog for detail interpretation on the said Amendment
Prakash Consultancy Services : Detail Explanation on the Ammended Bonus Act 2015
Also Industry asks Labour Minister to defer amendment in Bonus Act as Ammended
Prakash Consultancy Services : Industry asks Labour Minister to defer amendment in Bonus Act as Ammended
From India, Pune
Pls refer to my blog for detail interpretation on the said Amendment
Prakash Consultancy Services : Detail Explanation on the Ammended Bonus Act 2015
Also Industry asks Labour Minister to defer amendment in Bonus Act as Ammended
Prakash Consultancy Services : Industry asks Labour Minister to defer amendment in Bonus Act as Ammended
From India, Pune
Hi Friends!
My basic salary was Rs. 13500 and in hand was Rs. 24470 in my last organisation. I left that company on 8th Oct-2015. Will I eligible to get my bonus for last financial year or not. I am actually confused. Please let me know.
Thanks:
Neetu Sharma
From India, Delhi
My basic salary was Rs. 13500 and in hand was Rs. 24470 in my last organisation. I left that company on 8th Oct-2015. Will I eligible to get my bonus for last financial year or not. I am actually confused. Please let me know.
Thanks:
Neetu Sharma
From India, Delhi
Dear Neetu,
what is the total period u worked with your last organization?
According to Payment of bonus act,1965, section 8, Every employee shall be entitled to be paid by his employer in an accounting year, bonus, in accordance with the provisions of this Act, provided he has worked in the establishment for not less than thirty working days in that year.
From India, Pune
what is the total period u worked with your last organization?
According to Payment of bonus act,1965, section 8, Every employee shall be entitled to be paid by his employer in an accounting year, bonus, in accordance with the provisions of this Act, provided he has worked in the establishment for not less than thirty working days in that year.
From India, Pune
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Amendment to Payment of Bonus Act 2015.jpg
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PAYMENT OF WAGES ACT 2009.doc