Please Help: Employee
Posted Date : 10-Jun-2012 , 11:20:27 am | Posted By: Arihant
Category :
Corporate Law | Answers :
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Comments :
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What does an EMPLOYEE means under "payment of bonus act"? |
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Answers:
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 Answer by: Vikash Kumar Jha |
| Every employee who is drawing a salary or wage upto Rs. 10000.00 per month (w.e.f. 1-4-2006) and who has worked for minimum period of 30 days in a year is entitled to be paid bonus. {Section 2(13) & 8}
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| Answer by: Rishabh Upadhyay |
| means and includes each employee whether onrolls or offrolls of the company. In case the total number of both, touches 20 in aggregates, PF provisions will be applied
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| Answer by: CA. SURESH Kr. AGARWAL |
| AS PER PAYMENT OF BONUS ACT:-
“employee” means any person (other than an apprentice) employed on a salary or wage not exceeding 1[three thousand and five hundred rupees] per mensem in any industry to do any skilled or unskilled manual, supervisory, managerial, administrative, technical or clerical work for hire or reward, whether the terms of employment be express or implied;
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| Answer by: CA. SURESH Kr. AGARWAL |
| W.E.F. 01.04.2006 the monitory limit has been increased to Rs. 10000/-
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| Comments |
| Posted By : SHIKHA SONI |
10-Jun-2012, 07:05:20 |
| sorry the limit is extented upto Rs 10000 per month |
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| Posted By : Arihant |
10-Jun-2012, 04:15:33 |
| Are you the limit of salary is 3500 p.m.? |
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| Posted By : SHIKHA SONI |
10-Jun-2012, 03:53:00 |
| “employee” means any person (other than an apprentice) employed on a salary or wage not exceeding [three thousand and five hundred rupees] per mensem in any industry to do any skilled or unskilled manual, supervisory, managerial, administrative, technical or clerical work for hire or reward, whether the terms of employment be express or implied; |
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