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
1From India , Bangalore
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
From India, Aizawl
Amendment to Payment of Bonus Act 2015.jpg
Online payment of PF mandatory from 1.1.2016.pdf