Payment of bonus to employees by charitable trust

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)
Follow

09 October 2013 Hi,

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

Thanks//VaibhavJ

@VaibhavJ

@VaibhavJ (Expert)
Follow

09 October 2013 Pl refer link : http://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)
Follow

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.

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

Thanks//VaibhavJ

Querist : Anonymous

Querist : Anonymous (Querist)

11 October 2013 Thanks to all

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

prasanth kona

THOMAS JOHN

nilesh

Chandan Kumar

Kamaljeet Kaur

Subscribe Now

Payment of bonus to employees by charitable trust

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

GST CONSULTANT

CA Final

Accountant

Article Assistant