Dear Sir,
Can any one inform me what is the Bonus Criteria means Bonus limit as per Bonus Rules. I think it is 6000/- Rs. May I right? If, any other limit than please inform me.
Thanks & Regards,
Viral Gajjar
+91 2717 398496
From India, Ahmadabad
6Can any one inform me what is the Bonus Criteria means Bonus limit as per Bonus Rules. I think it is 6000/- Rs. May I right? If, any other limit than please inform me.
Thanks & Regards,
Viral Gajjar
+91 2717 398496
From India, Ahmadabad
Dear Vijay,
Statutory Bonus shall be applicable to employees drawing Basic + DA till Rs.10,000/month provided he/she had worked for minimum of 30 days in the previous financial year.
Rate of bonus shall vary between 8.33% to 20% of Basic + Da.
Note,for calculation of bonus Rs.3500 or actual Basic + DA,which ever is less to be considered.
Bonus has to be rolled out latest by 30th November.
From India, Chandigarh
Statutory Bonus shall be applicable to employees drawing Basic + DA till Rs.10,000/month provided he/she had worked for minimum of 30 days in the previous financial year.
Rate of bonus shall vary between 8.33% to 20% of Basic + Da.
Note,for calculation of bonus Rs.3500 or actual Basic + DA,which ever is less to be considered.
Bonus has to be rolled out latest by 30th November.
From India, Chandigarh
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.
Amendment to Payment of Bonus Act 2015.jpg
Bonus act amendment gazette copy.pdf
Bonus-amendment _206.doc