BONUS
This query is : Resolved
29 September 2009
IF EMPLOYEE SALARY MORE THAN RS 3500 THEN BONUS IS CALCULATE OF 3500.... THIS LIMIT IS CHANGED OR NOT .
PLZ REPLY ME
THANKS
PLZ REPLY ME
THANKS
ANIL JANGID
(Expert)
29 September 2009
Dear Aankush,
Bonus limit 3500 if salary higher than 3500 no change.This is statutory as per factory act.
If employer want to give more maximum bonus limit 20% of basic.
Thanks
(Anil Jangid)
Bonus limit 3500 if salary higher than 3500 no change.This is statutory as per factory act.
If employer want to give more maximum bonus limit 20% of basic.
Thanks
(Anil Jangid)
Ankur Garg
(Expert)
29 September 2009
Yes. Change. Please visit the link below to download bonus amendment (ordinance) 2007:
https://www.caclubindia.com/share_files/files_display.asp?files_id=11835
https://www.caclubindia.com/share_files/files_display.asp?files_id=11835
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