WebWhat is statutory meaning in Hindi? The word or phrase statutory refers to prescribed or authorized by or punishable under a statute, or relating to or created by statutes. See … WebJun 28, 2024 · Statutory Bonus is payable within 8 months from the close of the accounting year Payable to all employees whose wages do not exceed Rs. 21,000 per month If employee’s wages equal to or more than Rs. 7,000 or the minimum wages fixed by the Government then the bonus is paid as per employee’s wages Bonus Rules in India

A Guide to Statutory Compliance in Payroll - greytHR

WebIt means that any employee whose basic is less than or equal to 10,000 is only eligible for statutory bonus. Also employee who is eligible for statutory bonus, his bonus is calculated @ minimum 8.33% or maximum @ 20% of Basic depending upon profitability of company. But Basic should be capped at Rs 3500/- Web6. "substantial and substantive Don’t mix these adjectives. Substantial means essential, ample, solidly based. Substantive in the legal setting generally means statutory, … french word for ring

Statutory परिभाषा और अर्थ कोलिन्स अंग्रेज़ी शब्दकोश

WebExamples of statutory exception in a sentence, how to use it. 20 examples: The introduction of a statutory exception would tend to prejudice the possibility to reach this… WebThey are called ‘statutory’ since statutes are laws made by the Parliament or the legislature. Since these bodies derive their power from statutes or laws made by the Parliament, they are known as statutory bodies. Some examples of statutory bodies are National Commission for Women, National Human Rights Commission, National Green Tribunal, etc. http://shinesuperspeciality.co.in/meaning-of-statutory-warning-in-hindi french word for ribbon