Dear All, Whether food allowance is considered as a part of salary or wage for payment of bonus to the employees under Payment Of Bonus Act,1965. ? Regards Abhishek
From India
From India
733Dear Friend,
Kindly click on the following link, it will give you some required information,
https://www.citehr.com/download-list.php?query=Bonus
Pls let me know was this information useful,,
If not let me try out more & give information,,,,
Regards
Mohamed Sardhar
91 93831 93832
From India, Coimbatore
thank you
that is a bit of help but the question lies there itself.
According to the definition any concessional supply of food grain is not considered as part of wage or salary, but if a company gives free food allowance or free food as a spart of salary or wage then it is considered as a part of salary or wage...in addition to this there's one award that food allowanmce is not considered as a part of wage or salary, so this creates the confusion...
request members to clarify my doubt.
Regards
Abhishek
From India
that is a bit of help but the question lies there itself.
According to the definition any concessional supply of food grain is not considered as part of wage or salary, but if a company gives free food allowance or free food as a spart of salary or wage then it is considered as a part of salary or wage...in addition to this there's one award that food allowanmce is not considered as a part of wage or salary, so this creates the confusion...
request members to clarify my doubt.
Regards
Abhishek
From India
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