Dear Seniors , Company running from 30 years. due financial problems present year bonus not able to pay to employees, it is mandatory to pay the bonus every year or any exemption is there.
From India , Bangalore
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Rkn61
Hr Manager

rkn61
526

As per Payment of Bonus Act, it is mandatory for a company to disburse bonus amount to its employees at minimum rate (8.33%), even if company is not financially sound enough
From India, Aizawl
thank you sirhttps://www.citehr.com/m/1345243-hukkli/
From India , Bangalore

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