Understanding the Payment of Bonus Act, 1965: When Are Employers Required to Pay Bonuses?

omchetri

Dear seniors,

Please answer, after how many years of official production do employers have to pay bonuses to employees as per the Payment of Bonus Act, 1965.

babanaresh

After 5 years, it becomes necessary to pay a minimum bonus regardless of the profit or loss of an organization.

Regards,

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