Payment of bonus (urgent)

GO thru;

THE PAYMENT OF BONUS ACT, 1965; 1(b),2(14,21),8,12,14,19,21

https://labour.gov.in/sites/default/files/ThePaymentofBonusAct1965.pdf

Payment of Bonus(Amendment) Act,2015;3

https://labour.gov.in/sites/default/files/paymentofbonusAmendmentAct2015.pdf

Madras High Court

Uco Bank Employees Association vs The Union Of India on 29 July, 2008;2,16

https://indiankanoon.org/doc/1751769/

Being a CA you must not face any difficulty in arriving at clear understanding.

Thanks for your reply.

now only question is pending, how we will deal with the increased salary from Nov 2017 from 20000 to 25000. I am attaching one pfd link received the proff of salary received available at ESIC website as strong proff with a very polite request to please help me find out the figure of bonus to claimed from past employer.

as per my underesting the figure will be Rs 11955 i.e. 8.3333% of (47053+96415 = 143468). kindly confirm.

PFAhttps://www.lawyersclubindia.com/editor_upload/428033_20180522221817_452448579esic_ip_interface2_2_files_merged_.pdf

https://www.lawyersclubindia.com/editor_upload/428033_20180522222017_452448579esic_ip_interface2_2_files_merged_.pdf

The past employer is to declare bonus, calculate and pay in stipulated time in the Act.

The links posted by you are not accessible.

Same Query;

https://www.lawyersclubindia.com/experts/Bonus-calculation-urgent--681826.asp

Dear Sir/Madam, I am waiting for you reply on 2 question as follows. 1. Please tell me Am I eligible for bonus? because my past employer is not interested to release my bonus. 2. how we will deal with the increased salary from Nov 2017 from 20000 to 25000. because I have put the FINAL figure of bonus to employer, otherwise as per employer I will only get Rs. 7000 as a minimum bonus only.
 

Dear Mr. Abhay,

Please be noted that if an employee has worked for 30 days in the previous accounting year he/she will be eligible for payment of Bonus. Also the ceiling limit of bonus eligibility is that the employee is drawing wages Rs 21,000/- or less.

And your employer is providing the Bonus at the rate of 8.33% on the last year pay of the employees, is not only bad in fact but also bad in law! The calculation should not be base upon the whims of the employers but in accordance to the provisions.

Even there are many managers who are overpaid than the ceiling limit, in that case also the employer may pay them Bonus, but legally and technically we call it Ex-gratia!