Payment of bonus act
This query is : Resolved
30 October 2011
1.what is the minimum salary for giving bonus? (latest amendment)
2.suppose if the salary was 7500 to which amount the bonus will be calculated (2500/- or 3500/-)
2.suppose if the salary was 7500 to which amount the bonus will be calculated (2500/- or 3500/-)
31 October 2011
As far as your first question is concerned the minimum salary for giving bonus is Rs. 10,000/-. Earlier it was Rs. 3,500/-.
Now I will come o your second question, as per section 12, if any person is earning Rs.7500/- then his bonus will be calculated on Rs.3500/-.
Regards
Mukta Suyal, CS
Now I will come o your second question, as per section 12, if any person is earning Rs.7500/- then his bonus will be calculated on Rs.3500/-.
Regards
Mukta Suyal, CS
Message likes :
1 times
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....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- TAN for Partnership
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- STCG FOR GOLD ETFs
- Last year TDS Claim
- E way bill for tractors
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- 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
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
