How Do Companies Handle Bonus Payments When Profits Are Low? Seeking Advice for 2015-16

pankaj.403

Hi Seniors,

Can you please let me know the bonus payment in case the company has inadequate profit for the financial year 2015-16?

Thanks & Regards,
Sumit Jain

nathrao

Read Section 10 of the Payment of Bonus Act. This will clarify the matter.

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