Dear Sir/Madam
Bonus compalsry paid or not to employee in Limited company
4 Replies
Anupam Bajaj
(Student)
(111 Points)
Replied 07 November 2011
its depend upon no employee work in company.......!!!!
In yr company no of employee is more than 20 than bouns act is applicable.
raj
(accountans)
(21 Points)
Replied 07 November 2011
Dear Sir/Madam,
i am working in Sanjay maitance services pvt ltd company.... whether i am eligibale to get full month salary? can you please explain. Thanks Paularj
Anupam Bajaj
(Student)
(111 Points)
Replied 04 January 2012
ya u are eligibale for bouns. Minimum bouns is 8.33% of total basic salary which u got last financial year.
praveen kumar devarapalli
(Managing Director)
(361 Points)
Replied 07 January 2012
If the employyes of the company is more than 20 in number then the company is liable to pay bonus. A person who has worked for not less than 30 days in a year he is eligibel to get the bonus.
labour.nic.in/act/acts/pba.doc
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