Payment of Bonus Act
This query is : Resolved
Mitul Sinha
(Querist)
27 June 2011
Section 12 says that where the salary or wage of an employee exceeds 10000 per month,the bonus payable to such employee shall be calculated as if his salary/wage were 10000..
What i'm asking is that; Is this not contradictory to the "Eligibility for Bonus" that says- to be eligible for bonus, salary/wage of an employee should not exceed 10000 p.m ? if a person is getting sal/wage more than 10000 how can he be eligible to get bonus..please explain..
Thank you
What i'm asking is that; Is this not contradictory to the "Eligibility for Bonus" that says- to be eligible for bonus, salary/wage of an employee should not exceed 10000 p.m ? if a person is getting sal/wage more than 10000 how can he be eligible to get bonus..please explain..
Thank you
Mitul Sinha
(Querist)
04 July 2011
Anyone help me out with this query ...
06 July 2023
"Sorry, I am not a featured member."
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
