Query in bonus act - urgent
This query is : Resolved
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.
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.
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????
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.
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
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
27 June 2023
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