Αποτελέσματα Αναζήτησης
2[An Act to provide for the payment of bonus to persons employed in certain establishments and for matters connected therewith.] BE it enacted by Parliament in the Sixteenth Year of the Republic of India as follows:— 1. Short title, extent and application.—(1) This Act may be called the Payment of Bonus Act, 1965.
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.
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;
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 ...
In exercise of the powers conferred by section 38 of the Payment of Bonus Act, 1965. (31 of 1965), and in super session of the Payment of Bonus Rules, 1965, the Central Government hereby makes the following rules, namely:- Short title and commencement. – (1) These rules may be called the Payment of Bonus Rules, 1965.
The Payment of Bonus Act, 1965 provides for various statutory obligations on calculation of bonus, computation of gross profits and available surplus, concept of set-off and set-on, payment of minimum and maximum bonus, time-limit for payment of bonus etc.
an employer to pay bonus to his workers; (ii) provide for payment of minimum, and--maximum bonus; (iii) lay down principle and formula for calculation of bonus; and (iv) provide machinery Or the enforcement of the Act.
