if a person worked only 28 days in a month during the year should we take 28 days of basic salary for that month for bonus calculation or we take the full month
From India, New Delhi
From India, New Delhi
Shifali it depends upon the cash you have given to the employee if you have paid him the salary for 28 days then you will calculate the Bonus on 28 day's salary but if you have considerd the remaining days as leave and paid him full salary for the month then you will calculate the Bonus on full month's salary.
From India, Delhi
26From India, Delhi
As per setion 8 , The payment of bonus, bonus is payable when the employee worked not less 30 days in any preceeding calender years. so for 28 days no bonus shall be payable.
Dear It is rightly pointed that an employee is required to work for 30 working days in an accounting year to become entitle for bonus. Regards, R N khola
From India, Delhi
From India, Delhi
if a employer will to pay bonus on basic salary i.e. more than 10000 is it possible to pay? please suggest? if no then why not?
From India, Mumbai
From India, Mumbai
Dear all,
in our company one Employee Basic+DA is Rs. 7500/=
he work the hole accounting year(12 months).
now calculation. 7500*12*11%=Rs. 9900/=
is it correct?
here limit for Basic+Da=Rs.6500/= will come?
-Rajasekar
From India, Kochi
in our company one Employee Basic+DA is Rs. 7500/=
he work the hole accounting year(12 months).
now calculation. 7500*12*11%=Rs. 9900/=
is it correct?
here limit for Basic+Da=Rs.6500/= will come?
-Rajasekar
From India, Kochi
if employer terminate the employee without notification then what kind of case file against employer
From India
From India
Dear Friends,
I am Bhupinder Kumar , working as HR executive in Patiala.
I want know if any employer did not pay bonus and other payments to his employee then how to employee claim his benifits (under factory act 1948)
From India, Ludhiana
I am Bhupinder Kumar , working as HR executive in Patiala.
I want know if any employer did not pay bonus and other payments to his employee then how to employee claim his benifits (under factory act 1948)
From India, Ludhiana
Dear Sirs,
Please lete me know, Statutory bonus will attract the ESI deduction. i.e. we are planning to give the bonus for contract labours monthly in order to attract them, so this monthly payment will attract the ESI?
Kindly help me.
Chaitra
From India, Bangalore
Please lete me know, Statutory bonus will attract the ESI deduction. i.e. we are planning to give the bonus for contract labours monthly in order to attract them, so this monthly payment will attract the ESI?
Kindly help me.
Chaitra
From India, Bangalore
Although there is no provision for payment of bonus on monthly basis, bonus has to paid annually.
Yes, if you are paying bonus on monthly basis it will attract ESI contribution. Any payment which is being paid to workers regular beyond two month will attract ESI Contribution as per second part of definition of wages under ESI Act.
Regards
Yes, if you are paying bonus on monthly basis it will attract ESI contribution. Any payment which is being paid to workers regular beyond two month will attract ESI Contribution as per second part of definition of wages under ESI Act.
Regards
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