The Payment of Bonus Act - 1965
An amendment has been proposed to extend the wage ceiling from Rs.10,000/- to Rs.15,000/- and also for the computation of bonus from Rs.3,500/- to Rs.5,000/-. The minimum bonus has also been extended from 8.33% to 11%. On which date does it take effect?
From India, Surat
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1An amendment has been proposed to extend the wage ceiling from Rs.10,000/- to Rs.15,000/- and also for the computation of bonus from Rs.3,500/- to Rs.5,000/-. The minimum bonus has also been extended from 8.33% to 11%. On which date does it take effect?
From India, Surat
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Amendment to Payment of Bonus Act 2015.jpg
Payment of Bonus Act Amendment.pdf