Can We Stop an Employee's Bonus for Reasons Other Than Misconduct or Financial Loss?

mysunrise1986

Dear Team,

I need clarification on Bonus payment regarding whether we stop the bonus for an employee for reasons other than misconduct or financial loss to the employer.

Regards,
Satya

Srinath Sai Ram

Dear Satya,

As an employer, you should inform us why you want to withhold payment of bonus under The Payment of Bonus Act, 1965 from your employees. This will help us determine whether it aligns with statutory provisions.

Thank you.

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