Friday, November 16, 2007

Bonus Act_Practical Problems_16

State with reference to provisions of the Payment of Bonus Act, 1965 whether the following employees are eligible to payment of bonus in terms of provisions of said Act.
a) An employee working in Life Insurance Corporation of India.
b) Employees of a university or college.
c) Employees employed though contractors on building operation.
d) Employees of National Housing Bank.
e) Employee of Reserve Bank of India.
f) Employees of a Municipal Corporation.

1 comment:

harish said...

I think the employees working in following are not eligible
LIC
University or college
Contractors on building operation
RBI
Municipal corporation

If Iam wrong please correct by mailing to sharishkumar89@rediff.com