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Dussehra bonusHi i am working as an hr executive in a pvt ltd company. i want to know is it mandatory to give bonus to our employees. how much bonus to give what is the rule for bonus ?? regards neha Bonus payment in case of inadequate profitDear seniors our company has inadequate profit i.e. 6.89 np before bonus disbursement. pls clarify in this scenario is it mandatory to disburse the minimum 8.33 bonus for fy 201516 if yes company will made the loss? please guide.... regds amit Is bonus payment a statutory benefit?Hi all our s is a small firm having around 40 employees. we paid bonus for our employees in the first year and after that we have stopped it. is there any legal policy that bonus payment for the employees is compulsory?? what is the min and max amount of bonus to be paid. is the bonus calculated on basic or ctc or gross? as our management is showing that our company is running in loss to avoid taxes when we paid bonus in first year our auditors questioned that when the company is running in loss how could you pay bonus where it is open secret that it is running with full financial profits in this case if we get legal obligation in paying bonus is there any other provision where we can pay this amount to the employees? please clarify me sirisha reddy Non payment of statutory bonus under bonus act - what can the company do now?Please clarify the following query regarding applicability of payment of bonus. if the company has been incorporated in 2010 and has been under loss till 2017 the still does it need to pay bonus under payment of bonus act to all employees drawing a basic salary below 10 k and 21k. if the company is liable to pay bonus but has not paid such amounts then what recourse does it have with the applicable penalty if any. what can the company do right now to ensure past compliance is adherence. please clarify as it is an urgent matter.