Easy Office
LCI Learning

Bonus

This query is : Resolved 

10 October 2011 An employees in managerial position is getting Rs.50000/-, either he is eligible for bonus or not

12 October 2011 For those who draw upto Ts.10000.00 Bonus shall be payable.

New Delhi, Oct 1 : The Union Cabinet today amended the Bonus Act, 1965, thus raising the eligibility limit for payment of bonus from the salary or wage of 3, 500 rupees to 10,000 rupees per month.

Read more: http://www.andhranews.net/India/2007/October/1-Centre-raises-bonus-17622.asp#ixzz1aXQqfPsM

Above this limit it is only optional



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries