WebApr 6, 2024 · The Orissa State Tax On Professions, Trades, Callings And Employments Act, 2000: The Payment Of Bonus Act, 1965: The Payment Of Wages Act, 1936: The Plantations Labour Act, 1951 ... Callings And Employments (Amendment) Act, 2024 . The Government of Maharashtra, vide Notification No. 35, amended Maharashtra State Tax … WebJan 30, 2024 · Calculation of Bonus before 2016 Amendment. If the gross earning of an employee is below Rs- 10000/- he is liable for bonus payment with a calculated ceiling of Rs-3500/- . ... In section 12 of the Payment of Bonus Act, 1965 hereinafter referred to as the principal Act), in clause (13), for the word “ten thousand rupees” the word “twenty ...
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WebJan 24, 2016 · The Payment of Bonus Act, 1965 (Bonus Act) has been recently amended … Web1. (1) This Act may be called the Payment ofBorius (Amendment) A,ct, 2007. (1) It shall be deemed to have come into force on the 1st day of April, 2006. 2. In section 2 of the Payment of Bonus Act, 1965 (hereinafter referred to as the incipal Act), in clause (I 3), for the words "three thousand and five hundred rupees", the WebThe Payment of Bonus Act of 1965 got enacted to make it lawful for businesses to pay bonuses. It has a system for determining bonuses based on earnings and performance. It allows worker underpayment to earn more money than the minimum wage or compensation. buy indian cocktail dress