Delhi Mandates Payment of Bonus by Establishment before Deepawali

The Labour Department of NCT Delhi has mandated the bonus payment before Deepawali by the contractors where 20 or more workers are employed on any day during the accounting year.

The principal employer of the establishments is responsible to ensure compliance and disbursement of bonus to outsourced workers/employees by their contractors in the forthcoming Deepawali festival season.

The Minimum bonus payable under the Payment of Bonus Act, 1965 shall be:

  • @ 8.33% of the basic and dearness allowance to the employees/workers as per the Act.
  • Bonus is payable with 8 months of the closing of the accounting year however it is customary to pay the bonus before Deepawali.
Related Acts

More Notifications

Discuss business needs, find out pricing or get a demo.
We would love to talk.

  • HR & Payroll Administration
  • What is HRMS?
  • What is Payroll?
  • What is Statutory Compliance?
  • Guide to Leave Management
  • Guide to Attendance Management
  • Holiday Lists 2023
  • Holiday Lists 2024
  • Gender Inclusivity Report 2024
GDPR Compliant certification badge
Soc2 certification badge
ISO Certification Badge
WhatsApp LogoMessage us on WhatsApp
© 2024 Greytip Software Pvt. Ltd.
Privacy PolicyTerms of Use