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
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
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
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
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Applicability of Maharashtra Shops and Establishment Act.jpg
Bonus act amendment gazette copy.pdf