Payment of Bonus Act 1965 | Explained

[@shell.v4349]

Thank you so much for sharing such an explicit information on bonus, keep sharing and keep growing

[@nehasingla5022]

Ur way of teaching is suherb ur expression is also amazing

[@inspiredmate]

Thankyou..🙏

[@shivanishrivastav7054]

Thank you so much sir very helpful life saving best wishes for you ❤️

[@animasharma9277]

thank you so much your style of teaching is superb!!you clear my all doubts!!!thanks alot

[@SandeepChauhan-zs3wr]

Superb teaching way, cleared all the point very well

[@thelosttraveller5357]

Please upload more videos.. Very clearly and precisely explained

[@shyamsundermanthati6480]

Simple yet Excellent explanation sir ji❤

[@yadavbalaji2894]

Thank you for sharing in details about Bonus act.... Hope in the second part covered about registration and return filing

[@asrvlogs93]

Sir Payment of Bonus ki 21k ki limit ko increase karna chahiye as Delhi and most of the cities mai Skilled Graduate Workers ki minimum Gross salary 21k - 23k ke beech aa gyi hai iss time jiski wajah se hame bonus nhi mil pa rha please help us to increase this limit to atleast 25k as we do not getting any other benefits other than this 21k - 23k gross salary.

[@nidhi4414]

Thank you sir it is very helpfull for me ✨

[@santoshsharma1232]

Good discription given by you....

[@lathiyanilesh9596]

Thank you so much very nice information.

[@vanshikasrivastava6015]

Sir... Outstanding explanation 👏 Thankyou

[@leeladharpandit2982]

is there any provision. of ex gratia under bonus act?

[@p.g.prathul5146]

Thank you for the information

[@inspiredmate]

My pleasure

[@abhijitdsilva4464]

if a company pays out annual bonus to the existing employees 3 months after the financial year end, are the ex-employees who served the institution for the whole financial year and exited after march eligible for the same?

[@deeptitonpe620]

Where can I get Basic + DA in Maharashtra for Shops and Establishment category?

[@inspiredmate]

Deepti, Basic & DA is the part of Salary structure, it can be 40-50% of Total Salary, but it cannot be less than Minimum wage of the State.

[@sapna1735]

Sir bonus rate 8.33% rahega ya 20 ke bich kya rahega iska calculation kaise hoga please reply

[@Crime_Law_Justice]

Nice explanation

[@meharbanamrohvi2361]

Nice information

[@vishwarajpatil2019]

Really Appriciating the way of teaching, would like to understand all labour laws from you

[@karthiknr9142]

I have resigned and my last working day is on 3rd May 2022. My joining date was 12th October 2020. Will I be eligible for the statutory bonus this year, which was given with the May salary last year 2021? will i get it for 2022 this may after I leave the organization. plz reply

[@ganeshchakor01]

Thank you !

[@gopalgusania]

Not is previous accounting year It's on that accounting year Kindly do correct? 7:11

[@2010nkg]

If company is on losses since more than 5 years, Is employer have to pay bonus?

[@naman8978]

Sir G But some organizations are assuming that maximum component of gross salary is like employees gross/ctc salary all other allowance include. But as per govt gross salary component is only Basic + DA is not more then 21000/-. So please advise us. Thanks

[@dhiraj7522]

Hi sir, advance statutory bonus and statutory bonus same hai kya?

[@inspiredmate]

Yes, some companies opt to pay on monthly basis on pro-rata basis.

[@dhiraj7522]

@@inspiredmate But, My company didn't pay me extra. They're just paying basic salary and shift allowance so what should expect it will get or not?

[@akhileshkumar-xi9bi]

20/21 f.years main company loss main hai ..to kya us waqt bhi bonus book krna padega and return submit krna padegi aur.. employees ko bonus dena padega ?

[@cpsingh7099]

If company 5 or more years old then have to book bonus whether is in loss or profit

[@nugendersingh3684]

Agar company bane hue. 5 saal nahi hua to kya vo applicable hai bonus. Ke liye

[@cpsingh7099]

Yes

[@cpsingh7099]

If 20 or more employees working

[@akhileshkhanna3074]

Why do the corporate calculate Bonus on CTC not on the Basic ?

[@cpsingh7099]

If they are calculate bonus on CTC then it is good for employees.

[@falgunikathole2942]

Thanks a lot 🙏

[@prernachhajer7896]

Nice explaination Sir

[@mrunmayeepawar1941]

excuse me sir....you said in definitions of employee [ 21000 salary per month ] but in book they said that not exceeding rs.10,000?

[@inspiredmate]

The book that you are referring is outdated, its amended in 2017.

[@mamidipallyjayasree3347]

Nice clasd bro

[@mamidipallyjayasree3347]

Nice class bro super

[@Ashish.Jain11]

Meri company March me bonus pay kregi. Lekin maine feb me resign de diya h or mera notice period 90 days ka h jo ki April last me khtm hota h. Kya mujhe March me bonus milega?

[@inspiredmate]

Aapke fnf me Bonus milna chahiye

[@cpsingh7099]

Yes

[@manavparmar7848]

Sir hamari company hamari he salary se bouns cut kar phir ham ko deti hai

[@rudrasingh1013]

Sir I have question.. Will you please answer.. 🙏 Regarding bonus

[@inspiredmate]

Sure, please ask

[@rudrasingh1013]

@@inspiredmate sir maine ek jagah job karta hun.. I have joined the company on February 2020 aur mujhe October (Durga Puja) mein 8 months ka bonus mila tha ab mera us company mein total working 1 year and 4 months hai till date.. Maine kuch din pehle company chhodi hai due to time issues toh sir Last bonus se count karun toh mujhe 8 months hue toh kya mujhe Company chhodne pe 8 months ka bonus milega.. Am I eligible? What does the law says and what legal remedy I have if the company denies the payment of bonus..

[@rekhamr2537]

I have joined the company on December 2020 should I eligible for bonus?

[@cpsingh7099]

Definitely

[@hindi..8767]

Sir m ek saal se job kr rha hu ....But agr abhi job chor du to kya mujh bonus milega ya ni....???

[@inspiredmate]

Payment of pending bonus is usually the part of full & final settlement if an employee leaves the company.

[@manubhai9872]

Agar mera basic 15,000/- hai toh main kya minimum Bonus 7000x8.33=538 Or 100 whichever is higher matlab 538/- ke liye eligible hu kya. Please clarify.

[@inspiredmate]

Yes

[@SanjayKumar-kq5ge]

can’t understand properly That Set on and set off topic

[@cmaaspirant1880]

Sir The Salary of the employee under this Act is 10000 p.m. am i right The provision was saying....🙏🙏🙏

[@inspiredmate]

Its and old provision, it was amended un year 2017. Now its 21k

[@cmaaspirant1880]

@@inspiredmate ok thank you sir I am CMA inter student...🙏🙏🙏

[@Amitkumar-nd9fm]

Muje 6 mahine ho gye h job krte hue @25500 par ..is covid time me muje ab wo nikal rhe h ..jab maine apna bonus manga toh wo mana kr rhe h ki hum nai de rha kuki condition 21000 ki hai..waise sabko bonus milta h bhale hi kisiki salary 50000 ho ..muje hi mana kar rhe h ..kya muje court case krna chiye sir

[@inspiredmate]

Agar aapki Basic salary 21000 se zyada hai to aap legally bonus ke liye eligible nahi ho, company 21000 we zyada walon ko bhi bonus deti hain aur is case ko ex-gratia kehte hain, but iske liye company legally bound nahi hogi.

[@Amitkumar-nd9fm]

@@inspiredmate but meri basic 15000 hai or HRA 10500...total 25500 hai..or bonus k liye toh basic pay plus DA ko add krte h ...plz suggest..I am eligible?

[@inspiredmate]

@@Amitkumar-nd9fm aapka pf 15000 par deduct hota hai ya 25500 par? agar 15000 par hota hai then you are eligible.

[@AbhayGalhotra]

Amazing

[@SwadKeSathi]

Sir.. Please reply meri basic salary Es. 12500/- & DA Rs. 5300/- toh Mai bonus K liye eligibility hu plz it's very urgent

[@inspiredmate]

Yes you are eligible..

[@SwadKeSathi]

@@inspiredmate sir it's very urgent ye mere liye kafi helpful Ho sakti hai agar eski koi policy hai toh muje PDF bhej dijiye plz Hume 2 sal se bonus nhi mili thi but ab mil rahi hai Esme total 21k count kar rahe hai plz sir🙏

[@SwadKeSathi]

Muje eski plicy send kar dijiye

[@SwadKeSathi]

@@inspiredmate taki Mai policy dekhkar GM se bat kar saku

[@inspiredmate]

@@SwadKeSathi Iski koi policy ki jarurat nahi it's a LAW, any one whose Basic + DA is eligible for Bonus under this Act.

[@roknatokna]

सर मैने 9 महीने जॉब करने के बाद जॉब छोड़ दिया है तो क्या मुझको बोनस मिलेगा?

[@mohammedsheroon2383]

Hi sir can I get the PPT

[@antima05]

67% for bank and 60% for others

[@vinayak414]

Very well explained 👍🏻👍🏻.. Is it mandatory to pay bonus upto 20% if organization is in profit?

[@inspiredmate]

Bonus % depends on the Available & Allocable Surplus.

[@abhishektripathi4269]

if basic and DA more than 21000 then I will eligible for getting 8.33% bonus or not

[@inspiredmate]

No

[@swamydcm]

Respected Sir, I Manjunatha Swamy D.C. resident of Davanagere Tq & Dist, Karnataka state requesting you to consider my request letter of salary which I worked for BESCOM, Bangalore department (Office of the Assistant Engineer(Elec,.), Harapanahalli Sub-division, Davanagere District) on contract basis as Data Analyst from September-2014 to May-2016. In which I get salary up to December-2015 only. After January-2016 to May-2016 (04 months) I haven’t paid any salary from BESCOM, Bangalore till today (04 months attendance slips attached for your kind perusal). Since 06 (six) years I requesting concerned officials, MD, Bescom, Bangalore, Chief Minister of Karnataka, Home Minister, Energy Minister, Labour Minister, Chief secretary to Karnataka Government. Above said officials doesn’t have courtesy to reply my mails that sent to them.Please this letter as my humble request to sanction my salary from BESCOM, Bangalore or concerned authorities.

[@ishwarsabale7244]

Job sodun dila tr bhetl ka bons