Related Questions

Which of the following statements are true/ false?
1. Every employer shall be bound to pay to every employee in respect of the accounting year commencing on any day in the year 1979 and in respect of every subsequent accounting year, a minimum bonus which shall be 9.33% of the salary or wages earned by the employee during the accounting year or one hundred rupees, whichever is higher, whether or not the employer has any allocable surplus in the accounting year.
2. Bonus will be paid in cash to the employees.
3. If the allocable surplus exceeds the amount of minimum bonus payable to the employees, the employer is bound to pay to every employee in respect of that accounting year bonus which shall be an amount in proportion to the salary or wages earned by the employee during the accounting year subject to a maximum of 10% of such salary or wage.
4. Bonus needs to be paid within a period of eight months from the close of the accounting year.
An employee engaged in an industrial establishment draws wages of Rs. 20,500 per month. What is the amount of bonus to be paid to him if it is paid at the rate of 10% by the employer for an accounting year under the Payment of Bonus Act, 1965?
An employee engaged in an industrial establishment draws wages on Rs. 20,000 per month. What is the amount of bonus he shall be entitled to, if it is to be paid at the rate of 9% by the employer for an accounting year under the provisions of the Payment of Bonus Act, 1965?
According to the Payment of Bonus Act, 1965, what is the minimum bonus that needs to be paid to every employee?
Which of the following statements are true/false?
1. In exercise of the powers conferred by Section 13 of the Equal Remuneration Act, 1976, the Central Government came out with the rules.
2. The claims for the complaints with regard to the contravention of any provision of the Equal Remuneration Act, 1976 need to be made in triplicate in the Form A to the authority.
3. Every employee is entitled to payment of bonus if he has worked in the establishment for not less than twenty working days in that year.
4. Payment of Bonus Act is applicable to ever establishment in which thirty or more persons are employed on any day during an accounting year.
What is the minimum period an employee should have worked in an accounting year in an establishment to become eligible for bonus under the payment of Bonus Act, 1965?
What is the minimum number of days an employee should have served in an accounting year to be entitled for receiving bonus under the Payment of Bonus Act, 1965?
According to the Payment of Bonus Act, 1965, what is the maximum bonus that can be paid to every employee?
Maslow's need-hierarchy theory of motivation has classified the human needs into five categories as follows. Arrange the following needs in ascending order given by Maslow
1. Safety needs
2. Esteem needs
3. Social needs
4. Physiological needs
5. Self-actualisation needs
What is the sequence of domtion of these needs?
Within how much period from the closing of accounting year, bonus must be paid, if there is no dispute about the payment of bonus?