Labour law
This query is : Resolved
02 October 2012
Respected,
I am working a manufacturing field last 14 months as a Sr.Accountant post, infect i want to know that how many days leave does on a year as per Labor Law.
Second thing: how to calculate bonus as per bonus act.
Thanking You,
Rajesh Verma
I am working a manufacturing field last 14 months as a Sr.Accountant post, infect i want to know that how many days leave does on a year as per Labor Law.
Second thing: how to calculate bonus as per bonus act.
Thanking You,
Rajesh Verma
02 October 2012
1. 1 day leave for every 20 days worked
2. to arrive at the bonus to be paid one has to calculate gross profit and allocable surplus. Minimum Bonus is 8.33% and Maximum bonus is 20%
2. to arrive at the bonus to be paid one has to calculate gross profit and allocable surplus. Minimum Bonus is 8.33% and Maximum bonus is 20%
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