CA Day celebration 2024 Easy Office
LCI Learning

BONUS AND ESI ACT

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 December 2007 wat is the minimum and maximum amount of wages on which PF and ESI shud be deducted...according to latest amendment?
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
18 December 2007 Bonus:

Salary Eligibility limit for payment of Bonus is now Rs 10000 and ceiling limit of bonus is to be calculated as if the salary is not more than Rs 3500 per month. Maximum percentage of bonus 20%.

ESI:
Employees drawing remuneration upto Rs 10000 p.m.
Profile Image

Chinmay

Profile Image

Chinmay (Expert)
20 December 2007 A Minimum of 8% bonus must be paid even if there are not sufficeint profits or no profits.
Upgrade to CAclubindia Pro. Subscribe Now!


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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links