Payment of Bonus under Payment of Bonus Act, 1965

SARAVANAN.R (Querist) 16 March 2009 This query is : Resolved
Sir,

I am an employee of a Company. I have been receiving bonus for the last two years or so.

If I resign from this Company from 1st June 2009,after giving one month notice in May 2009, kindly advice whether I am eligible for bonus for the year 2008-2009.

Saravanan

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H. S. Thukral (Expert) 16 March 2009
You will get it on pro-rata basis.

M. PIRAVI PERUMAL (Expert) 17 March 2009
Yes you will get bonus on pro-rata basis.

adv. rajeev ( rajoo ) (Expert) 17 March 2009
I agree with piravi

Guest (Expert) 17 March 2009
Yes.

SARAVANAN.R (Querist) 17 March 2009
Sir,

Can you explain Pro-rata basis. On what proportionate basis, is it periods of service after April 2009.

Kindly clarify.

Saravanan

A. A. JOSE (Expert) 17 March 2009
Yes, you will be eligible to receive bonus in respect of the actual period you worked in the company during the f.y.2009 please.

Hiralal Das (Expert) 04 April 2009
Thanks all of you. I agree with the opinions of my learned members friend. You may follow them which should the proper ways to solve the problem.

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Payment of Bonus under Payment of Bonus Act, 1965

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