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333 views • Question added Jun 10, 2012 • Corporate Law • By Arihant ,Student


What does an EMPLOYEE means under "payment of bonus act"?

4 Answers

answered Jun 10, 2012 by Vikash Kumar Jha , Cuttack

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}


answered Jun 10, 2012 by Rishabh Upadhyay , Chandigarh

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


answered Jun 11, 2012 by CA. SURESH Kr. AGARWAL , Delhi

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;


answered Jun 11, 2012 by CA. SURESH Kr. AGARWAL , Delhi

W.E.F. 01.04.2006 the monitory limit has been increased to Rs. 10000/-


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SHIKHA SONI

10-Jun-2012 , 03:53:00 pm

“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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Arihant

10-Jun-2012 , 04:15:33 pm

Are you the limit of salary is 3500 p.m.?

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SHIKHA SONI

10-Jun-2012 , 07:05:20 pm

sorry the limit is extented upto Rs 10000 per month

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