bonus to the employees
rajendra
(Querist) 13 September 2008
This query is : Resolved
what is the bonus rule applicable to the pvt. ltd. company?
Can the company denies bonus to the certain employees/manager?
what is the remedies, if company not paying bonus to some of the employees?
H. S. Thukral
(Expert) 13 September 2008
Yes. It will be applicable to any establishment employing 20 or more employees. Bonus can be denied to those employees who are not covered under the definition of employee which is based upon wages per month drawn by them ( see section 2 of Payment of Bonus Act) If bonus is not paid to an employee he can approach the authority appointed under the Act who will issue a certificate of reovery and same shall be recovered as arrears of land revenue.
ARVIND JAIN
(Expert) 19 September 2008
I ALSO AGREE WITH SH THUKRAL.