Dear All,
Kindly provide the details about the bonus.
1, Which establishment covered under the bonus act.
2, bonus is compulsory for all employee.
3, what is the celing of bonus.
4, Its return submission time.
5, How older establishment coverd under the bonus act.
6, Can bonus distribute twice in a year.
7, Minimum or maximum bonus.
Regards
pulkit
From India, New Delhi
Acknowledge(0)
Amend(0)
1Kindly provide the details about the bonus.
1, Which establishment covered under the bonus act.
2, bonus is compulsory for all employee.
3, what is the celing of bonus.
4, Its return submission time.
5, How older establishment coverd under the bonus act.
6, Can bonus distribute twice in a year.
7, Minimum or maximum bonus.
Regards
pulkit
From India, New Delhi
Acknowledge(0)Amend(0)
Bonus Calculation
If Basic+DA(FDA+VDA) is greater or eqaual to 3500 then 20 percent on 3500 and if Basic+DA is less than 3500 then 20 percent on actual.e.g:if Basic+Da is 4500 then bonus will be 3500*20% per month and if basic+da is 2500 then bonus will be 2500*20%.
Regards
Sukhada
From India, Pune
Acknowledge(0)Amend(0)
If Basic+DA(FDA+VDA) is greater or eqaual to 3500 then 20 percent on 3500 and if Basic+DA is less than 3500 then 20 percent on actual.e.g:if Basic+Da is 4500 then bonus will be 3500*20% per month and if basic+da is 2500 then bonus will be 2500*20%.
Regards
Sukhada
From India, Pune
Acknowledge(0)Amend(0)
Dear All, If an employee availing Basic 9000/ then how much bonus paid to that employee if company given minimum bonus 8.33% Kindly solved my queary. Regards Pulkit
From India, New Delhi
Acknowledge(0)Amend(0)
From India, New Delhi
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
Applicability of Maharashtra Shops and Establishment Act.jpg
Bonus act amendment gazette copy.pdf