Dear Respectees,
All of you aware that, the Payment of Bonus Amendment Bill was introduced vide bill no 15 of 2010 (Ref: Gazette of India; 5-3-2010, Pt.II-S.II Ext.P.59(No.3). This amendment was not yet notified by the government. The bill aims to enhance the ceiling amount of bonus and minimum % of bonus.
My question is still the bill is alive or it has lapsed in the house of parliament. It is an important bill which would have an affect from the accounting year 2009. Any body knows the current status of the bill and its legal validity. please post a reply with necessary enclosures.
From India, Madras
68All of you aware that, the Payment of Bonus Amendment Bill was introduced vide bill no 15 of 2010 (Ref: Gazette of India; 5-3-2010, Pt.II-S.II Ext.P.59(No.3). This amendment was not yet notified by the government. The bill aims to enhance the ceiling amount of bonus and minimum % of bonus.
My question is still the bill is alive or it has lapsed in the house of parliament. It is an important bill which would have an affect from the accounting year 2009. Any body knows the current status of the bill and its legal validity. please post a reply with necessary enclosures.
From India, Madras
Principal employer liability on contract labour payment of Empolees Provident Fund, Bonus, Leave and other statutory benefit
From India
From India
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Amendment to Payment of Bonus Act 2015.jpg
Bigger bonuses for more as Lok Sabha amends Payment of Bonus Act - The Economic Times.pdf
THE PAYMENT OF BONUS ACT.doc