Dear all Seniors I am working in manufacturing unit as HR. I want to know is payment of bonus is compulsory If, Yes what is the qualification required. Please give me your valuable advise. Sharad.
From India, Surat
From India, Surat
Dear Friend Payment of bonus is compulsory. Required Qualification for Employer after 5 years for Employee after 30 days regards alphonse
From India, Madras
162From India, Madras
Hi Sharad, Pls find the PPt and Bonus PDA attadched it will give you a proper insight of Payment of Bonus Act. Also attached to calculation sheet for bonus.
From India, Mumbai
From India, Mumbai
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Bigger bonuses for more as Lok Sabha amends Payment of Bonus Act - The Economic Times.pdf
THE PAYMENT OF BONUS ACT.doc