dear sir, I drawing Rs. 30K + PM. Am I eligible for bonus as per payment of bonus Act 2010 (Amend)? And if I eligible than to how much extent. regards dk
From India, Guwahati
From India, Guwahati
363
Dear HR Professionals
The proposal for changes are in the Bill stage.There should not be confusion in the minds of HR professionals.
As of today there is no change.If the Bill is passed by both Houses in the next session of Parliament and thereafter Presidential assent given and then notified it will change the Bonus rates.
With Regards
Advocates & Notaries & Legal Consultants[HR]
E-mail : rajanassociates@eth,net,
Mobile : 9025792684.
From India, Bangalore
The proposal for changes are in the Bill stage.There should not be confusion in the minds of HR professionals.
As of today there is no change.If the Bill is passed by both Houses in the next session of Parliament and thereafter Presidential assent given and then notified it will change the Bonus rates.
With Regards
Advocates & Notaries & Legal Consultants[HR]
E-mail : rajanassociates@eth,net,
Mobile : 9025792684.
From India, Bangalore
dear VS Rajan Associates, thanks for u r kind reply the same i have checked with labour department officers and they have confirmed as u said. regards thendralava
From India, Coimbatore
From India, Coimbatore
Sir ,
I was working with one of the 54 year old company till April2010. When I asked for my Bonus for the year 2009-2010 I was told that I am not eligible for the Bonus as my basic is above Rs.10000/- . If such is a case then how I use to get Bonus for earlier years ? Is there a clause that Bonus is not payable to employees who have resigned from services .
Please update me
Thanks & Regards
Nandan Khamkar
From India, Mumbai
I was working with one of the 54 year old company till April2010. When I asked for my Bonus for the year 2009-2010 I was told that I am not eligible for the Bonus as my basic is above Rs.10000/- . If such is a case then how I use to get Bonus for earlier years ? Is there a clause that Bonus is not payable to employees who have resigned from services .
Please update me
Thanks & Regards
Nandan Khamkar
From India, Mumbai
Thanks! kumar you have sent notification of new bonus structure. And Mr. Kumar May know whether this notification have published in Gazzette or not? please inform Thanks RAVI MUDALIAR
From India, Ahmadabad
From India, Ahmadabad
Dear members. Any one can describe me about bonus criteria which is following by Maharastra and companies in maharastra
From India, Chennai
From India, Chennai
Dear members. Any one can describe me about bonus criteria which is following by Maharastra and companies in maharastra
From India, Chennai
From India, Chennai
There was a proposal to amend the Act and accordingly a bill was proposed in 2010 and so far it is not approved by the Parliament.So can this be implemented ? As per our P&A dept information, it is clarified that it can be implemented only after Official Gazette is declared and until then the existing provisions are only applicable.
Can anyone confirm ?
.... . . . . Dean Jones
From India, Hyderabad
Can anyone confirm ?
.... . . . . Dean Jones
From India, Hyderabad
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.
Amendment to Payment of Bonus Act 2015.jpg
Bigger bonuses for more as Lok Sabha amends Payment of Bonus Act - The Economic Times.pdf
THE PAYMENT OF BONUS ACT.doc