Understanding the Bonus Act: Who's Eligible and What Government Notifications Are Needed?

I need some clarifications about the Bonus Act, particularly regarding eligibility and the government notifications required to support it. I am waiting for your valuable reply on this.

Understanding the Payment of Bonus (PB) Act

Please read the Payment of Bonus (PB) Act with the latest amendments to update your knowledge. There is a lot to know about how to calculate the bonus as per the Act, including factors such as gross profit, available surplus, allocable surplus, set on, set off, individual eligibility, and calculation methods for each employee, etc.