Dear All, I want to know what is new minimum percentage for Bonus is applicable according to new amendment. rgds, Ashok Pamnani HR - Mumbai
From India, Mumbai
From India, Mumbai
Hi Ashok!
In the new Amendment, upto Rs. 5000/- under the rule 3 (7)(iii) in Valuation of Perquisites is 100% Tax free if the same is paid by way of Gift Voucher. If paid by cash then the same is taxable in the hands of employees.
A very well know Gift Voucher is Ticket Compliments Gift voucher by Edenred usable at more than 9000+ outlets pan india and in many categories. The user can buy Apparels, eatables, shoes, gold, etc. with the help of GV.
If you need some contacts of them then let me know, i can help you with the same
From India, Mumbai
In the new Amendment, upto Rs. 5000/- under the rule 3 (7)(iii) in Valuation of Perquisites is 100% Tax free if the same is paid by way of Gift Voucher. If paid by cash then the same is taxable in the hands of employees.
A very well know Gift Voucher is Ticket Compliments Gift voucher by Edenred usable at more than 9000+ outlets pan india and in many categories. The user can buy Apparels, eatables, shoes, gold, etc. with the help of GV.
If you need some contacts of them then let me know, i can help you with the same
From India, Mumbai
Hi, The new limit will be 15,000 basic as compared to the old 10,000 INR. The lower limit will be increased from 8.33 to 11%.However this is yet to come into effect. Regards, Rosina
From India, Bangalore
From India, Bangalore
Dear Friends, The Bonus amendment is yet to the amended, it is just a bill in the Parliament. The Bonus amendment not yet approved. regards, satish
From India, Mumbai
From India, Mumbai
Dear Laxman, Welcome to CiteHR. We have not came across new bonus limit as asked by you. R.N.KHOLA (M)09810405361
From India, Delhi
363From India, Delhi
Please confirm if minimum bonus stands at 8.33 % of 3500 INR for wage more than 3500 INR. Rgds Atul
From India, Delhi
From India, Delhi
Dear Sir As per Bonus Act bonus criteria & limit of bonus of labour plz clearify with act detail
From India
From India
Dear Sir,
My highest qualification is 12 passed in 1996
and done 6 month diploma course in Personnel Management & Industrial Relation in 1999
and I have more than 8 years HR experience in the field of Construction job.
Currently working in a construction company name Satnam Global Infraprojects Ltd. Bharuch, Gujarat.
Sir,
My question is I wanted to do a course ( Diploma course), What type of course is better to me plz. give suggest. Becuse my last qualification is 12 passed.
From India, Dibrugarh
My highest qualification is 12 passed in 1996
and done 6 month diploma course in Personnel Management & Industrial Relation in 1999
and I have more than 8 years HR experience in the field of Construction job.
Currently working in a construction company name Satnam Global Infraprojects Ltd. Bharuch, Gujarat.
Sir,
My question is I wanted to do a course ( Diploma course), What type of course is better to me plz. give suggest. Becuse my last qualification is 12 passed.
From India, Dibrugarh
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BONUS CEILING LIMIT APPROVED.pdf
Amendment to Payment of Bonus Act 2015.jpg