Can company pay advance bonus to its employees?
As under statutory act i.e. Payment of Gratuity Act, 1965 all the amount payable to an employee by way of bonus shall be paid in cash within a period of eight months from the closing of accounting year.
From India, Indore
As under statutory act i.e. Payment of Gratuity Act, 1965 all the amount payable to an employee by way of bonus shall be paid in cash within a period of eight months from the closing of accounting year.
From India, Indore
1457
Employers have no obligation to Pay EPF Contribution above Statutory Limit.pdf
Amendment to Payment of Bonus Act 2015.jpg
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