Dear Mr. Anand & Kanaka,
Would like to know if a basic for an employee is say Rs.3000/- and for a particular month on the basis of LWOP he/she has been paid Rs.2800/- will the bonus be calculated on Rs.2500/- or bonus will be worked on Rs.2333/- (taking pro rata of Rs.2500/-).
Please in need of a urgent answer.
Regards
Rajeev Sharma
From India, New Delhi
Would like to know if a basic for an employee is say Rs.3000/- and for a particular month on the basis of LWOP he/she has been paid Rs.2800/- will the bonus be calculated on Rs.2500/- or bonus will be worked on Rs.2333/- (taking pro rata of Rs.2500/-).
Please in need of a urgent answer.
Regards
Rajeev Sharma
From India, New Delhi
from where an employer will give letter regarding the bonus distributed for the current year ... ashish
From India
From India
is Bonus payable by a loss making company in its 6th year of operation. Also will it be payable to contract labour. The above is for a service industry
From India, Gurgaon
From India, Gurgaon
Dear Sir, Can you explain the ammended bonus Act ? I think the minimum for the payment of bonus is amended to Rs.10000 ? Pls give me the correct calculation
From India, Kottayam
From India, Kottayam
1
Dear Radha u can limit the amount to 3500/- for Bonus, and rest amount u may calculate as exgratia
From India, Bangalore
From India, Bangalore
Dear Samer,
ALC means Assistant Labour Commissioner. A return in form 'D' is to be sent to the Inspector of the area.
Regards,
R.N.Khola
From India, Delhi
ALC means Assistant Labour Commissioner. A return in form 'D' is to be sent to the Inspector of the area.
Regards,
R.N.Khola
From India, Delhi
For calculation of bonus ONLY ABSENTIESM SHOULD BE CONSIDERED. LEAVES, HOLIDAYS NEED NOT BE TAKEN
From India, Bangalore
From India, Bangalore
Dear Mr.Khola,
Thank you very much,
Kindly update, what is % of salary breakup(Like basic,Dearness,HRA,Convency,Medical,LTA and ect.)and also how&which % we calculate dearness allowance from the basic.
and also my name spelling is Sameer not samer
Regards,
Sameer
From India, Daman
Thank you very much,
Kindly update, what is % of salary breakup(Like basic,Dearness,HRA,Convency,Medical,LTA and ect.)and also how&which % we calculate dearness allowance from the basic.
and also my name spelling is Sameer not samer
Regards,
Sameer
From India, Daman
Dear Sameer,
I do not came across any of the labour law which gives us guidelines or directions as regards to % of salary break up & therefore in my opinion you are to decide of your own these % under different heads of the salary. Sorry for your name spell.
With regards,
R N Khola
From India, Delhi
I do not came across any of the labour law which gives us guidelines or directions as regards to % of salary break up & therefore in my opinion you are to decide of your own these % under different heads of the salary. Sorry for your name spell.
With regards,
R N Khola
From India, Delhi
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Bonus Calculation.xls
BONUS CALCULATION RULE (1).pdf