Related Questions

Under the existing provisions of the Payment of Bonus Act, 1965, a ceiling has been imposed that for the purpose of computation of bonus, the wages be considered to be Rs. 10,000 only. There exists a proposal to amend this ceiling and raise the upper wage ceiling for the purpose of calculation to
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.
Chronologically arrange the years of enactments from earliest to latest of labour legislations relating to wages and remunerations given below.
1. Minimum Wages Act
2. Payment of Wages Act
3. Equal Remuneration Act
4. Payment of Bonus Act
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?
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?
What is the current wage ceiling per month for a person employed on a wage or salary to be considered as an employee under the Payment of Bonus Act, 1965?
Which of the following statements are true/false?
1. In case an employee whose minimum rate of wages is fixed under this Act, works overtime, the employer need not pay the money for the extra hours devoted by the employee.
2. If an employee whose minimum rate of wages has been fixed under this Act, works for a less number of hours than the requisite number of hours on a given day, he shall be entitled to receive wages in respect ofwork done by him on that day as ifhe had worked for a full normal working day.
3. In case an employee is involved in two or more classes of work, he shall be paid on the basis of pieces involved.
4. If an employee is employed on piece work for which minimum time rate and not a minimum piece rate has been fixed under this Act, the employer shall pay to such employee wages at not less than the minimum time rate.
Who among the following can be appointed as the authority to hear and decide any claims arising out of deductions form wages or delay in payment of wages under the Payment of Wages Act, 1936?
1. Any Commissioner for Employees Compensation Act
2. Any regional labour commissioner appointed by the Central Government
3. Any assistant labour commissioner appointed by the Central Government
4. Any assistant labour commissioner appointed by the State Government with atleast two years of experinece.
5. A Judge of a Civil Court.
Under the provisions of the Payment of Wages Act, 1936, who among the following cannot be appointed as the authority by the appropriate government to hear and decide claims arising out of deductions from wages or delay in payment of wages and penalty for malicious or vexacious claims?
According to the Payment of Bonus Act, 1965, what is the maximum bonus that can be paid to every employee?