Amount Of Bonus Payable Under Sec 10C Or Sec 11 Of The Case May Be Ex Gratia

Dear Sundar,Greetings for the day.Please convey to the HR personnel to review the bonus act before providing any comments. The act explicitly states that bonuses are payable to individuals who have resigned or been terminated during the applicable period. You ar...

Dear Sir/Madam,If an employer is paying ex gratia in lieu of a bonus to existing employees in a particular grade, is it compulsory to disburse the same to former employees for the period they were employed with the company.

Is Ex gratia mandatory to pay when an employee resigns voluntarily?

Please share the enrollment certificate.

Dear Subhajit,If for 1 month, then as per the Bonus Act, in the C register, you have to show Rs. 3500 for statutory purposes, and the rest amount of 6500 should be shown under the ex-gratia head.Ratikanta Rath

Dear Anil,If the concerned employee who left falls under the Bonus coverage limit (i.e., salary less than or equal to Rs 21,000) and the Bonus accounting Period, then the departed employee is also eligible for a bonus. If the amount is above 21,000/-, it will be...

Hi,Can anyone advise me?1\. I'm an HR professional working with a company in Kerala. My monthly gross is Rs. 15,000\. My company employs only 6 employees. I want to know if there will be deductions like ESI and PF in my salary.2\. When I move from this job, will...

Dear All,I am from Kolkata (W.B) and I need a salary certificate format for bank loan purposes. Can anybody send me the above format?Regards,Subhajit

Dear Renu,For your first query, since you are stating that only 6 employees are working in your company, the company will not deduct EPF and ESI from your salary. As you are aware, for obtaining the EPF Code, a minimum of 20 employees is required, and for the ES...