Hi Iam working in public sector since 1.5years.our company is loss making so i need details of diwali ex-gratia eligible criteria.
From India, Indore
1From India, Indore
Dear Mr. Reddy,
Exgratia is any amount that is Management decides to pay at their will. For Bonus kindly check the attachment. If the employee is ESIC applicable then we need to deduct 1.75% from his share on the total amount of Exgratia.
Regards,
Nikhil
From India, Pune
Exgratia is any amount that is Management decides to pay at their will. For Bonus kindly check the attachment. If the employee is ESIC applicable then we need to deduct 1.75% from his share on the total amount of Exgratia.
Regards,
Nikhil
From India, Pune
Dear Reddy,
Payment of ex-gratia is not statutory. If your company is in loss, it is quite natural that the employer will hesitate to pay ex-gratia.
If your monthly salary (generally basic+DA) is Rs. 10,000 or below, you are eligible for bonus even if your company is in loss.
Abbas.P.S
From India, Bangalore
Payment of ex-gratia is not statutory. If your company is in loss, it is quite natural that the employer will hesitate to pay ex-gratia.
If your monthly salary (generally basic+DA) is Rs. 10,000 or below, you are eligible for bonus even if your company is in loss.
Abbas.P.S
From India, Bangalore
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