35000 Salay Slip

Dear Malathy,Payment of overtime wages is a statutory necessity under the Factories Act 1948, and the coverage under the Act extends to all who are directly or indirectly employed in the factory, including the premises (Section 2m). There is no salary criteria i...

Dear Sachin,In determining the applicability of the Act to an employed person, only his gross monthly salary should be taken into account. When the gross monthly salary exceeds Rs. 21,000, he automatically falls out of the definition of an employee for the purpo...

Hi, Mr. Umakanthan.I feel that if someone's total salary is 40k and their basic is 21k, even then they will be eligible for a bonus, and the bonus calculation will be at the rate of 7k. Please correct me if I am wrong.

When the salary of a person exceeds Rs. 21,000.00 per month, he automatically falls outside the scope of the definition of the term "employee" as defined under Section 2(13) of the Payment of Bonus Act, 1965\. Therefore, he is not entitled to statutory bonus.

How can a person get a bonus if their salary is more than ₹21,000?

Dear User,It seems like you're looking for an Excel format to manage the details of 20 employees in your company based in India. Here's a simple and practical way to create an Excel sheet to manage your employee details:1\. 📁 Open a new Excel workbook.2\. 🎈 In...