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Monday, December 22, 2008

{PassionHR} Legal Tip of the Day:-No Bonus on commission

Legal Tip of the Day

No Bonus on commission

Section 2(21) of the Payment of Bonus Act clearly defines `salary' or `wages'. Its opening provision includes within it all remunerations (other than the remuneration in case of overtime work) capable of being expressed in terms of money, which would, if the terms of employment, express or implied, were fulfilled, be payable to an employees in respect of this employment and includes dearness allowance, yet in express terms, the definition does not include any commission payable to the employee vide clause (vii) of section 2(21).

Regards

Deepak Miglani

Legal Point Foundation

09215514435

For any query:- deepakmiglani@hotmail.com

www.legalpoint.in

www.deepakmiglani.com

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Ladies Special - Signs of a Cheating Husband

http://legalpoint-india.blogspot.com/2008/12/ladies-special-signs-of-cheating.html

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