At the very outset let me clarify that my knowledge in Bonus act/law etc is very poor. However, looking at the practices followed in almost all Companies, the laws stated by learned officer are not easy to digest. Hence, with due respect to Mr Kamal Dutta, I would like to strongly support to Saji’s post.
In continuation to Saji’s request for clarification from the learned Officer, I would like to update my knowledge, about the clause under which employee has choice to accept bonus, as per his wish. (whether to accept 8.33 or declared bonus, whether to accept in f&f or wait till official bonus payment date, etc).
If any related para, from any of the law book/act is quoted, or citation of any judgement from labour court/authority is provided, the matter can be simplified, and confusion avoided.
In continuation to Saji’s request for clarification from the learned Officer, I would like to update my knowledge, about the clause under which employee has choice to accept bonus, as per his wish. (whether to accept 8.33 or declared bonus, whether to accept in f&f or wait till official bonus payment date, etc).
If any related para, from any of the law book/act is quoted, or citation of any judgement from labour court/authority is provided, the matter can be simplified, and confusion avoided.