Αποτελέσματα Αναζήτησης
30 Αυγ 2021 · Calculation for Bonus payable: (i) If the Monthly basic salary is equal to or less than 21000 , then bonus will be calculated on the actual amount using formula : Step 1. minimum wages of state as per employee skill category and 7000 which ever is lower;
Bonus amount payable to an employee under this Act shall be paid in cash by his/her employer within a period of eight months from the close of the accounting year.
Liability of paying bonus has to be determined only with reference to sections 10 and 11, i.e., the employer is bound to pay the minimum bonus of 4% of wages or the maximum bonus of 20% of wages in accounting year, as the case may be.
21 Σεπ 2020 · The High Court held that where an establishment may not be making profits, Section 10 of the Act mandates payment of minimum bonus @ 8.33 per cent of the earned wages during the whole of the financial year.
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.
impose a statutory obligation on an employer of every establishment covered by the Act to pay bonus to employees in the establishment; lay down principle and formula for calculation of bonus; provide for payment of minimum and maximum bonus and linking the payment of bonus with the scheme of set-on and set-off; and.
Form D - Annual Return Bonus Paid to Employees. Applicability. Every factory and every other establishment in India in which 20 or more persons are employed on any day during an accounting year.
