No Tags Found!

Dear Seniors,
I am working with engineering manufacturing company. company was started in chennai and recently they have shifted the factory in gujarat and we are planning to shift the ROC in gujarat.
My question is that in this condition bonus act will be applicable to our company..? please suggest.
regards,
Sunil Prajapati

From India, Mumbai
Dear Mr Prajapati BONUS is a central Act and it is applicable through out India.
From India, Chandigarh
Dear Prajapati,
I think that the doubt as to whether the change of location of the existing establishment would confer the benefits of a newly set-up establishment provided for in sec.16 of the Payment of Bonus Act,1965 has prompted this question. The answer is 'NO'. For further clarification, pl go through the explanation-I to sec.16 of the said Act.

From India, Salem
Dear Mr.Sunil,
The Bonus will be applicable if the headcount of employees are above 20 Nos. anywhere in India and it will be minimum 8.33% of Earned wages i.e.earned yearly(Basic + DA) no matter it is shifted to Gujarat or Noida .

From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.