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Query in bonus act - urgent

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(Querist)
14 November 2008 Hi,

What is bonus Vs Ex gratia.

Whether can i pay bonus at the rate of 16% when there is no allocable surplus i.e. 8.33% alone was required to be paid.whether can i call it exgratia.

Reply with authenticated case laws or references from Acts.
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Ravi S.

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Ravi S. (Querist)
14 November 2008 I think you have not understood the question my question is if u pay whether u call such excess payment as bonus or exgratia????
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Deepak Agrawal

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Deepak Agrawal (Expert)
14 November 2008 Ex Gratia is not mandatory. Ex-Gratia is given to non-factory employees & to whom payment of bonus act in not applicable.
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Ravi S.

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Ravi S. (Querist)
21 November 2008 Dear all,

my question would be made very clear ( i know what does exgratia mean) my question is bonus paid over and above the compulsion by law is whether a bonus or exgratia(ex: im in nil allocable surplus and i pay 20% bonus 8.33% is compelled by law whether the remaining 12.67% is exgratia or bonus)
p let me know about the set off calculation for this case

regards
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
27 June 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp
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