Payment of bonus act on what basis?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 October 2011
Hi Collegues,
I require some information or rules and regulations regarding Payment Of Bonus ACT. On which basis and on what percentage the bonus should be given by Private Limited Company from Pune, Maharashtra. for e.g. any specific percentage of (Basic+DA) etc. Please resove my query.
I require some information or rules and regulations regarding Payment Of Bonus ACT. On which basis and on what percentage the bonus should be given by Private Limited Company from Pune, Maharashtra. for e.g. any specific percentage of (Basic+DA) etc. Please resove my query.
09 October 2011
As per rules and regulation regarding the payment of Bonus if any enterprises is earning profit its each employee who have worked at lest 100 days in the enterprises is entitled to get a bonus of 8.33% of his total salary (Basic).
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