Dear All, Whether food allowance is considered as a part of salary or wage for payment of bonus to the employees under Payment Of Bonus Act,1965. ? Regards Abhishek
From India
From India
733Dear Friend,
Kindly click on the following link, it will give you some required information,
https://www.citehr.com/download-list.php?query=Bonus
Pls let me know was this information useful,,
If not let me try out more & give information,,,,
Regards
Mohamed Sardhar
91 93831 93832
From India, Coimbatore
thank you
that is a bit of help but the question lies there itself.
According to the definition any concessional supply of food grain is not considered as part of wage or salary, but if a company gives free food allowance or free food as a spart of salary or wage then it is considered as a part of salary or wage...in addition to this there's one award that food allowanmce is not considered as a part of wage or salary, so this creates the confusion...
request members to clarify my doubt.
Regards
Abhishek
From India
that is a bit of help but the question lies there itself.
According to the definition any concessional supply of food grain is not considered as part of wage or salary, but if a company gives free food allowance or free food as a spart of salary or wage then it is considered as a part of salary or wage...in addition to this there's one award that food allowanmce is not considered as a part of wage or salary, so this creates the confusion...
request members to clarify my doubt.
Regards
Abhishek
From India
Sir,
A company pay incentive of empoyees(for business performance )not part of paymwnt (amount is variable every month)Now P.F department demand in inspection report P.F contribution.
Please advice
Pearl
From India, New Delhi
A company pay incentive of empoyees(for business performance )not part of paymwnt (amount is variable every month)Now P.F department demand in inspection report P.F contribution.
Please advice
Pearl
From India, New Delhi
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