s2_manial
1

MINIMUM BONUS IS 8.33% OF RS.3500/- AND NOT OF 8.33% OF BASIC SALARY MAXIMUM IS 20% Regards Suresh
From India, Thana
s2_manial
1

MINIMUM BONUS IS 8.33% OF RS.3500/- AND NOT OF 8.33% OF BASIC SALARY MAXIMUM IS 20% Regards Suresh
From India, Thana
Manojpandey26
Yes. Bonus is a term losely used in Corporates. In Many Organisations, Special payments made on the occassion of Diwali, New Year etc are also named as Bonus. However no statutory laws are applicable in such cases. The Scope of Payment of Bonus act is completely different from this.
From India, Mumbai
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