✅Payment of BONUS ACT & amendments | DIWALI bonus calculation in Excel Sheet

[@LabourLawAdvisor]

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[@ShivKumar-zw7ff]

Nice

[@Bishtuk04-j3q]

@@ShivKumar-zw7ff ye excel download ka option kidher h?

[@raghavsingh5290]

Advance customary bonus par video banaye

[@sourabhsagar4729]

😊

[@souviksanyal6781]

The Excel sheet is not being downloaded

[@emloyeeskasevak1552]

Badhiya he sahab ji.....apko follow kar karke me 10 hajar se 35 hajar ka admi ban gaya Thanks guruji

[@diptisahoo4749]

Thank you sir for such videos. I am an HR student and I found it really helpful. My Concepts are cleared now. The benefit of watching these videos is it saves my time. Very short and accurate.

[@bindurao4884]

best channel on indian labour legistation so far........

[@LabourLawAdvisor]

Download The Bonus Calculation Excel Sheet drive.google.com/file/d/1j7wKqHvcdOR82oca4CKOnyeMdlNOoRlU/view?usp=sharing

[@mansukhdugar2519]

Labour Law Advisor b

[@dineshprajapat8758]

Dinesh. [e-mail]

[@akashc.7006]

Agar employee permanent na ho to usako बोनस नहीं milaga kya sir plz bataiye

[@Max-tl5hs]

Sir mujhe ek baat puchni thi agar hum bina bole company chhode due to personal reason tao kya woh company ko final settlement karna hi padega ...?

[@sv131594]

Apka contents amara needs ku meets karthe hai ... danyavad ...

[@maheshchandra7617]

Namaskar Mandeep sir thanks a lot sir Very nice bht ache tarike se samjhaya apne

[@MegaUtkarshsharma]

One of the best channel on KZbin...

[@MegaUtkarshsharma]

@Palak Jain in CTC it is included.

[@MegaUtkarshsharma]

@Palak Jain all th regular incentives/amenities/perquisite which are given to employees is included.

[@nitintyagi8849]

aap bahut badhiya samjhate ho

[@Adv.AtulkumarHowaleHighcourtBo]

बहुत एक्सालेन्ट आपने बताया 🙏

[@sheebaabrar4318]

You people are awesome......plz make such videos..very helpful

[@saharshdamani]

Great way of explaining! Kudos!

[@LabourLawAdvisor]

Thank you, it means a lot to us 🤣

[@debrajbaidyadb4518]

Or aap bohut acha samjhate hai..Gd..

[@darshna-shah]

Very neat and clean step by step explanation

[@suhailakhtarkhan8584]

You people are angel for Hr people thank you..... Please make vedeo for HR Master data and what information can be kept in master and how many types of reports can be generated for management reporting.

[@maheshsarde3737]

Your channel all videos are knowledgeable

[@vijaypamul9077]

I think it's not maximum 7K. It should be , case 1 - minimum 7K or minimum wages whichever is higher and case 2- if minimum wages is lower than basic+DA then bonus wl be on MW. (As per bonus act,as per my opinion)

[@lakshmiarora4937]

Please keep Sharing such videos

[@swaroophegde8227]

apka channel ..bahut useful hi...keep it up....thnk u

[@dsundersundar3627]

The information on bonus is very useful. We have paid this year 20% bonus to our workers. Also I look forward to your presentation on IR Code bill 2020 with rules especially on the trade union and other aspects with regard to outside leaders and their role.

[@sahibsingh2899]

My comapny was always in profit since last 8 years , but never paid more then 8.33 percentage

[@dudububu98]

Thank you Excellent explanation.

[@zoombig5284]

Very Helpful.. i have learned lot of informations from your portal

[@hrd7800]

Precise and clear explanation. Keep up the good work!

[@gaminggirlofficial9940]

Really wonderful✨😍, this is what iam looking for.

[@sachindhamdhere7952]

Valuable.... video...Thax

[@lakshmiarora4937]

Very detailed video

[@suniltrivedi2839]

Nice presentation

[@vishalovhal4726]

Good job sir 👌👌👍

[@user-yl1hd3pj3t]

But sir as per act to 30 working days present chaiye in financial yr to eligible for bonus to fir jo new joinee hain sep month ko unko kaise consider karein jinka present days 30 days se kam hota hain?

[@RakeshSingh-qo5nd]

Bonus Query: CCA + Basic kya 21k se kam hona chahiye bonus ke liye eligible hone ke liye? Because hamari company City Compensatory Allowance ko bhi basic pe add kar rhe hai jo pahle add nahi kar rhe the. Meri company Delhi Me hai industrial area me

[@anoopyadav5401]

Thank you very much bhai bhai bhai

[@monuhimachali2941]

Or jo minimum wages par calculate par bta rahe h to ....ye minimum wages unskilled ki uthani h ya skilled ya high skilled ki

[@disasiga211]

Thank you sir,🙏🙏

[@vegmemes9395]

Sir Kya bonus hamari salary se cut hota hai ya other benefits ke taur par hame milta hai?

[@sheebaabrar4318]

Request you to please make such excel sheet for calculation of salary also.....will be very thankful

[@ilahiattar5137]

Nice sir ji..

[@supriodas5752]

@labour Law Advisor One labor law consultant told me that Bonus should be paid at Gross salary now. You have mentioned Bonus calculation at "Basic+DA" = Gross. So what should I understand that in your example, gross salary is divided in only two heads? i.e. "Basic + DA"; that means his/her gross salary is 7000 & if there was other heads those also would be included or what? Please clarify.

[@rishi_0762]

EPFO announced on dated 29-05-2018 that Rate of Administration Charges (0.65%) will be reduce to 0.50% w.e.f. 1st June 2018. In which subject to minimum sum of seventy-five rupees per month for every non-functional establishment having no contributory member and five hundred rupees per month establishment for other establishments. Ref: MoL&E Notification No. S.O. 2011 (E) dated 21st May, 2018.

[@manishgangwani3483]

very concise and quality video. wonderful job!

[@Uk-Chouhan-1998]

सर अगर कोई दो कम्पनी में काम करता हो ओर उसका 1pf ESIC account number ho Kya ye posibal hai

[@madhusharma855]

Hi Sir, I am from Delhi, I have one query related to bonus eligibility. Is City compensatory allowance is a part of bonus calculation?

[@kishansinghbhandari104]

1 sir theatre trust me eak post hoti hai stage hand enka kariya hota hai stage me light fokad karna kartan up and dwon karna vings lagana parti ki choto badi required to pura karna a warkar kis katagree me and chiye

[@akshaymehta5394]

if company does not pay DA to employee, should we consider DA as per minimum wages for bonus calculation

[@kumarsays8086]

Hi thanks for your knowledge can you update this that this is the last announcement by the government.

[@mahendraghoderao2634]

Thank for solve my confusion. I was so confuse on calculation

[@subhampati5798]

Tou abhi confusion hatt geya

[@subhampati5798]

Bata ye ferr basic + Da yadi 12000 hay tou bonus 8.33 hisab se kitna hoga mahina

[@sanjayabehera5625]

Sir, Kindly confirm if company getting loss in balance sheet , company is bound to pay bonus or not. For information last year company has paid bonus to employee before Diwali.

[@dayalproductservices7966]

Pranam sir hum ek security agancy me kam karrahahu mera thankha 11000 , hum 8th Jun 2023 se kam suru kiya is Durga puja me hum bonus ki hwkdar hy ki nehi sir please batayenge

[@saikhrakif4446]

Kya bonus excluding CTC hai.jaise ki mera company main ctc 2 lakh hai kya mujhe bonus extra milega ya alag

[@LabourLawAdvisor]

Extra

[@md7036]

CTC payment structure me bonus act 1965 lagu hoga

[@drchildhoods]

Are contractual employees or 3rd party pay roll employees eligible for bonus ?? Who is responsible principal employer or Contractor. Please give the Act link.......

[@vim4vig]

What is basic + da (gross) in column E? Why it is 6000? Is it actual salary paid by employer? Why bonus salary 6000 rather than 7000

[@arghyasarkar30]

Ek baat kahoon sir aapke excell me ek jagah par ye $,$ is tarah ki ek formula laga hua to ye formula lagane ke liye mujhe excell sheet mein kaha dhundna parega.

[@gurpreetsinghdevgan1009]

Sir mai jis factory me kam karta hoon woh factory wale bol Rahe Hain ki agle saal se ham bouns nahi de ge to hame kya karna cahiye hmara pf be kat Raha lakin Jo 7000 bouns milta thaa woo bi nahi dege

[@manandarpanwar3592]

very nice video sir please make a video for EPF challan with excel sheet also

[@kiransarda8382]

I just love your channel.You guys are doing great job so obliged to be part of your you tube channel.

[@garhwalibaldeep5832]

If gross salary is more then 21000 and if we are showing zero bonus in offer letter so is this correct as per labour laws?

[@digistuff_in]

sir agar march april tak bonus deduct hotha raha salary se. aur employee ne dusre jagah job switch kar liya. fir wo past me 4 5 months jo bonus deduct hua hai ussko milna chahiye ke nahi. can we take a legal action

[@jkbjk670]

Sir, Your informative videos are very useful for me,i need a filled sample copy of factory act registers kindly educate us on that.

[@tarasyunary3233]

Mere company me 20 se Kam employee hai employer pays bonus to all whose salary is above 21000 or less.company is always in profit and and company' is 15 years old.please tell me if a employee is terminated before a month of Diwali then is he eligible for bonus in his full and final settlement.If company does not pay bonus only that terminated employee then he can claim it to labour commissioner?Though the employer pays bonus for the last 10 years.

[@TheSNEHANKUR]

My question suppose in any case min wadges is less then I have to take 7k as an Basic or gross ? If Gross then what will be the Basic on which I can calculate?? Please revert?

[@krunalgoswami9483]

thank you sir for important knowledge.

[@gayitrimanagementconsultan9161]

good one

[@namitatevani367]

Hello sir.. i have one query.. my company h 4 verticals.. one unit is having profit but others are not having profit.. can a company only pay bonus of 20% to profit earning unit and less to other unit. Complete Balance sheet is showing profit

[@monuhimachali2941]

Sir bonus ke eligible 30 days jo h ye working days h ya paid days Plz clarify

[@satveersingh2954]

if company is in loss, in that case bonus is mandatory to pay , if not , what returns and formalities should be taken into consideration

[@kishansinghbhandari104]

Sir Kaya thearte me bouns lagu hota hai khun ki theatre ko trust me emploore rakh te hai Theatre me see post Holi hai stage

[@skj8645]

If a employee's salary increased in a particular month during thr year which cross the wage limit of Rs 21000, he / she will get bonus for that months ( wages below 21000 )/ whole year ?

[@bkstock3090]

Sir ucil banus kyu ni pay kr rhi h...kya ucil bonus act k andar ni aata h?

[@tanujakumari5020]

Very nice

[@PUSHPAK05]

Sir , agar koi worker kisi company me 1.5 saal se cotract base pe job kar raha ho aur saal ke bich me job chhod de to kya worker ko diwali bonus ,leavs ,etc. Mil sakta hai ?

[@abdularif2217]

Sir hum logo ko har mahine bonus de diya jaata hai to kya ye bonus hi dipawali par diye jaane wana bonus hota hai kya?

[@subhampati5798]

Sir 5 year company ko mtlb kya hay..for example mera company ko 7 sall hogeya hay lekin mera ekk manufacturing unit dhanbad may hay tou kya uss employee ko bonus milega

[@sachinjoshi6327]

Good 👍

[@RiktaRakhit]

I think aapko banana chahiye the ki kaise Kiya excel me , konsa formula use kiya to zyada logo ki help hoti

[@thinker972]

21000 net salary ha, gross hai ya ctc salary per month

[@nooralbasar4135]

Bro it's hra+da=21000

[@harrshsolankii23]

Hello!! Rishabh Sir mujhe yeh Janna hai maine abhi recently resign Kiya hai apne job se 31st October 2023 Mera last working day tha and Aaj 5th of November ko company ne baaki employees ko bonus issue Kiya hai but mujhe nahi kiya hai toh kya main eligible hun bonus ke liye.....??

[@jaswinderkaurdhanoe4614]

Can you please tell me what if the company is eligible plus employees under them earn below 21000 and the company do not pay bonus? Is this a wrong practice or companies can do that (skip bonus act)

[@afglifestyleprivatelimited3528]

DEAR SIR HOW TO PREPARE A B C D REGISTER AS PER UTTAR PRADESH

[@deepakindia1091]

The actual date to make the bonus payment is not October but 30th November. (i.e. 8 months from the end of the financial year)

[@akshatawasthi1300]

Accha

[@deepakindia1091]

For the first 5 years, organizations need not pay bonus if they have made losses. If they have made profits in any year in the first 5-year period, they will have to pay out bonus for that particular year. After the completion of 5 years, organizations are required to pay bonus as per Sec 16-1b, irrespective of whether they are making a profit or loss. Refer to section 16-1b for detailed clarifications on the calculation of bonus in the 6th accounting year and the 10th accounting year. What's your say???

[@afzalsayed6953]

Please help! If I am on notice period will i get a bonus ? I have worked for 7 months for the company and the bonus is getting deducted from my ctc.

[@vickysaini40]

There a question...agar company employee ka incentive mar le to iski complain kahan kare..

[@deepakindia1091]

Is it not correct, that there are several Supreme Court's judgments around the payment of bonus even if the organization is not making any profit? Need your comment.

[@7827766094]

As per amendment their is 7000 or Minimum wages whichever is higher

[@manishajategaonkar3195]

Kay casual labour ko gratuity di jati hay? अगर हां तो कैसे calculate ki jati hai

[@makwananaresh8669]

Thanks bhai

[@sambhramsankhagond3275]

I am as a pharmacist at my town I have 11 month experience there should I get bonus ?if yes then what percentage should I get?

[@abhinikam105]

Sir humare salary mai se kaatke Hume hi bonus de rahe hai . Sahi hai kya???

[@kiranmalik26]

Shouldnt the tab of "For Bonus Calculation" say whichever is "LOWER"? not higher?

[@PardeepKumar-ex2fl]

Please Read carefully sec 10 of Bonus act 1965.

[@hiteshparmar9836]

As you said that the calculation is Min Wages or 7000 whichever is higher..so here which category of min wages we have to count?

[@LabourLawAdvisor]

Check minimum wages of your state we have made a video on minimum wages as well you can watch that video for detailed explanation

[@amazingworld8249]

What is advance customary bonus? It is mentioned in my pay slip as advance customary bonus 1000/- every month

[@surajsahu3123]

Sir, Can we pay a bonus monthly basis or in monthly salary?

[@kumariray7961]

Thank u sir 🙏

[@deepakkaushik7740]

Hello sir.mai Delhi metro mei contract basis par tha.maine 3.5 year job ki.or abhi June mei mera tender khatam ho gaya to mujhe 200 employees kai saath nikal diya.but company abhi b ussi naam se kaam kar rahi hai or usne sabhi ko bonus de diya hai kl.but Hume ni Mila jinko unhoone June mei nikal diya.kya hum bonus kai liye eligible hai?

[@vikastiwari9664]

Great

[@jldas1441]

Thanks

[@gajananghate5799]

If kisiki salary 100000 hai to use maximum kitna bonus dena chahiye as per govt rules.

[@shivikackar4976]

sir, plz explain how to calculate ex-gratia and what is the maximum bonus amount paid?

[@divyangdhabuwala1716]

Thank you

[@aniltomar7064]

Dear Sir, I want to know about bonus calculation (seven thousand rupees or the minimum wage for the scheduled employment). we can calculate the bonus on bases of un-skill, semi-skill, skilled & high-skill or not. kindly reply me..

[@ShivamYadav-ev5gd]

Is it 21k gross salary or over basic 21k salary .I m still confused boss seeking your guidance.