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    Ratnadeep Kar
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    Every employee shall be entitled to be paid by his employer in an accounting year, bonus, in accordance with the provisions of this Act, provided he has worked in the establishment for not less than thirty working days in that year. An employee shall be disqualified from receiving bonus under this Act, if he is dismissed from service for(a) Fraud (b) Riotous or violent behaviour while on the premises of the establishment (c) misappropriation, misappropriation or sabotage of any property of the establishment

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    Every employee shall be entitled to be paid by his employer in an accounting year, bonus, in accordance with the provisions of this Act, provided he has worked in the establishment for not less than thirty working days in that year. An employee shall be disqualified from receiving bonus under this Act, if he is dismissed from service for(a) Fraud (b) Riotous or violent behaviour while on the premises of the establishment (c) misappropriation, misappropriation or sabotage of any property of the establishment

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    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
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    1 views1 page

    Bonus

    Uploaded by

    Ratnadeep Kar
    Every employee shall be entitled to be paid by his employer in an accounting year, bonus, in accordance with the provisions of this Act, provided he has worked in the establishment for not less than thirty working days in that year. An employee shall be disqualified from receiving bonus under this Act, if he is dismissed from service for(a) Fraud (b) Riotous or violent behaviour while on the premises of the establishment (c) misappropriation, misappropriation or sabotage of any property of the establishment

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
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    of 1

    -Every empIoyee shall be entitled to be

    paid by his employer in an accounting


    year, bonus, in accordance with the
    provisions of this Act, provided he has
    worked in the establishment for not less
    than thirty working days in that year.
    Act kequ|rement
    %he Payment of Bonus Act 1965, %he Payment of Bonus Act 1965,
    Process Calendar Process Calendar
    kecords to be
    Ma|nta|ned
    -Bonus payment Register
    D|squa||f|cat|on for
    bonus
    Due dates
    L||g|b|||ty
    Ca|cu|at|on
    Minimum 8.33%
    Maximum 20%
    n Rs. 3500)
    ithin eight months of the
    next financial year
    (Before Nov).
    lully 1axable
    ncome 1ax App||cab|||ty
    -An employee shall be
    disqualified from receiving
    bonus under this Act, if he is
    dismissed from service for-
    (a) Fraud
    (b) Riotous or violent
    behaviour while on the
    premises of the
    establishment
    (c) %heft, misappropriation
    or sabotage of any
    property of the
    establishment
    App||cab|||ty
    -Minimum wages (Basic & DA)
    10000/=p.m. or Below

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