Whether Bonus is payable only as per ceiling or any other provision that an organisation making profit shall declare bonus despite the coverage.
BONUS IS A DEFERRED SALARY AND GRATUITY A REWARD FOR GOOD SERVICE AS PER THE SAYING. Then why it is restricted. ESI Act Ceiling, Bonus Act ceiling, Gratuity Act Ceiling used to be revised at a time or one after another as they are the benefits to be implied on enhancement of salary. Despite raise in salaries,Gratuity ceiling,Esi coverage purview Bonus kept where it is? What is the way any scope or provisions unaware as many industries pay exgratia in lieu of Bonus despite ceiling
BONUS IS A DEFERRED SALARY AND GRATUITY A REWARD FOR GOOD SERVICE AS PER THE SAYING. Then why it is restricted. ESI Act Ceiling, Bonus Act ceiling, Gratuity Act Ceiling used to be revised at a time or one after another as they are the benefits to be implied on enhancement of salary. Despite raise in salaries,Gratuity ceiling,Esi coverage purview Bonus kept where it is? What is the way any scope or provisions unaware as many industries pay exgratia in lieu of Bonus despite ceiling