Bonus Act 1965 [Thread 527076]

1.Under The payment of bonus Act 1965 what is the maximum percentage of bonus shall pay to employers???
a)20% b)22% c)25% d)8.33%
2.The employees drawing up to Rs.____ as wages are only covered under the ESI act 1948??
a)15000/- b)10000/- c)6500/- d)7500/-
plz answer this question and give correct updated answers .Thnaks

1a) 20%
2a) 15000
These facts are easily available by reading the bare act.

Maximum Bonus payable is 20% on Basic + DA
and
ESI is covered upto gross salary of 15000/-
Regards,
Murali

d)8.33%
a)15000/-
their might be change in new ESI act that need to be checked
their might be change in new ESI act that need to be checked

Dear Sir,
As per your question the answer is the Maximum Bonus is 20% , Minimum bonus 8.33%
The second one answer is 15000/- wage limit for ESI
Reg,
Ashok

8.33 is the minimum bonus payable under payment of Bonus Act.