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THE PAYMENT OF BONUS ACT, 1965. (21 OF 1965) [25th September, 1965.] [An Act to provide for the payment of bonus to persons employed in certain establishments on the basis of profits or on the basis of production or productivity and for matters connected therewith.]
- Acts and Rules
The Building and Other Construction Works (RE & CE) Act,...
- Payment of Bonus Act
The Payment of Bonus Act, 1965 provides for a minimum bonus...
- Acts and Rules
30 Αυγ 2021 · Bonus amount is paid , if monthly Basic + D.A is less than equal to 21000. Bonus Act 1965 is applicable where number of employees , more than 10. Bonus payment percentage – (i) Minimum payment is 8.33%.
25 Αυγ 2024 · Join For Update. Form D is another essential document under the Payment of Bonus Act, 1965. It serves as an annual return that employers must submit to the appropriate government authorities. This form provides a comprehensive overview of the bonus paid to employees during a specific accounting year. Key Information in Form D.
Form D - Annual Return Bonus Paid to Employees. Every employer shall send a return in the given format to the Inspector so as to reach him/her within 30 days after the expiry of the time limit specified in Section 19 of the Payment of Bonus Act.
13 Μαρ 2012 · Eligible Employees: – Employees drawing wages upto Rs.10000/- per month or less. For calculation purposes Rs.3500 per month maximum will be taken even if an employee is drawing upto Rs.3500 per month. (Sec. 12) Time Limit for Payment of Bonus: Within 8 months from the close of accounting year. (Sec.
21 Σεπ 2020 · An Act to provide for the payment of bonus to persons employed in certain establishments on the basis of profits or on the basis of production or productivity and for matters connected therewith. 1. Application of the Act: It shall apply to; a) Every factory; and.
The Payment of Bonus Act, 1965 provides for a minimum bonus of 8.33 percent of wages. The salary limited fixed for eligibility purposes is Rs. 3,500 per month and the payment is subject to the stipulation that the bonus payable to employees drawing wages or salary not exceeded to Rs.10000 per month would be calculated as if their salary or ...
