I have a question on the limit/ceiling of Bonus payable as per the act. I want to know the limit/ceiling of bonus and if one exceeds the limit how do we show the same in the registers.plz get me the detailed formats through which same can be mantained. I also want to know if the company is liable to pay bonus in case a employee exceeds the ceiling/limit.
Thanx & regds
30th April 2010 From India, Bangalore
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