BONUS AND ESI ACT
This query is : Resolved
18 December 2007
wat is the minimum and maximum amount of wages on which PF and ESI shud be deducted...according to latest amendment?
18 December 2007
Bonus:
Salary Eligibility limit for payment of Bonus is now Rs 10000 and ceiling limit of bonus is to be calculated as if the salary is not more than Rs 3500 per month. Maximum percentage of bonus 20%.
ESI:
Employees drawing remuneration upto Rs 10000 p.m.
Salary Eligibility limit for payment of Bonus is now Rs 10000 and ceiling limit of bonus is to be calculated as if the salary is not more than Rs 3500 per month. Maximum percentage of bonus 20%.
ESI:
Employees drawing remuneration upto Rs 10000 p.m.
20 December 2007
A Minimum of 8% bonus must be paid even if there are not sufficeint profits or no profits.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Suggestions required for income tax filing-software (FY 2025-26)
- STCG FOR GOLD ETFs
- E way bill for tractors
- LTCG for Assmt year 26-27
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
