Please Help: Employee

Posted Date : 10-Jun-2012 , 11:20:27 am | Posted By Arihant

What does an EMPLOYEE means under "payment of bonus act"?

Category : Corporate Law | Answers : 4 | Comments : 3 | Hits : 207

Answers

Answer By: Vikash Kumar Jha

Every employee who is drawing a salary or wage upto Rs. 10000.00 per month (w.e.f. 1-4-2006) and who has worked for minimum period of 30 days in a year is entitled to be paid bonus. {Section 2(13) & 8}

Answer By: Rishabh Upadhyay

means and includes each employee whether onrolls or offrolls of the company. In case the total number of both, touches 20 in aggregates, PF provisions will be applied

Answer By: CA. SURESH Kr. AGARWAL

AS PER PAYMENT OF BONUS ACT:-

“employee” means any person (other than an apprentice) employed on a salary or wage not exceeding 1[three thousand and five hundred rupees] per mensem in any industry to do any skilled or unskilled manual, supervisory, managerial, administrative, technical or clerical work for hire or reward, whether the terms of employment be express or implied;

Answer By: CA. SURESH Kr. AGARWAL

W.E.F. 01.04.2006 the monitory limit has been increased to Rs. 10000/-

Comments

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SHIKHA SONI

10-Jun-2012 , 03:53:00 pm

“employee” means any person (other than an apprentice) employed on a salary or wage not exceeding [three thousand and five hundred rupees] per mensem in any industry to do any skilled or unskilled manual, supervisory, managerial, administrative, technical or clerical work for hire or reward, whether the terms of employment be express or implied;