Payment of bonus to employees by charitable trust

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 October 2013 Trust is registered under BPT act 1950, in the state of maharashtra.

Trust is running charitable hospital.
Whether the payment of Bonus Act is applicable to trust
In earlier year trust had made Bonus payment to its employees.
It had incurred losses in F Y 2012-13.
Whether the trust is liable to pay the bonus to its employee for F Y 2012-13
If yes then at what Rate or percentage.
Can any body guide us

@VaibhavJ

@VaibhavJ (Expert)

09 October 2013 Hi,

Can you share count of number of employees drawing basic salary upto Rs. 10000.

Thanks//VaibhavJ

@VaibhavJ

@VaibhavJ (Expert)

09 October 2013 Pl refer link : https://hrsuccesstalk.blogspot.in/2013/04/frequently-asked-questions-on-payment.html

for better understanding.

Thanks!!

Querist : Anonymous

Querist : Anonymous (Querist)

10 October 2013 20 number of Employees draws more than Rs 10000 basic

@VaibhavJ

@VaibhavJ (Expert)

10 October 2013 Hi

There is Set-Off & Set-On method.

Pl refer article you will get information how to calculate whether Bonus is payable or not.

https://hrsuccesstalk.blogspot.in/2013/04/frequently-asked-questions-on-payment.html

Thanks//VaibhavJ

Querist : Anonymous

Querist : Anonymous (Querist)

11 October 2013 Thanks to all

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