As per the Payment of Bonus Act, an employee is entitled to receive a bonus if they have worked for 30 days in an accounting year. If a person joined on 1st March and worked the full month, i.e., 26 working days and 5 weekly off days, will he/she be eligible for a bonus? In this case, will the number of working days be considered as 26 or 31?
From India, Kolkata
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BONUS CALCULATION BY WORKING DAYS.xls
Amendment to Payment of Bonus Act 2015.jpg
Bigger bonuses for more as Lok Sabha amends Payment of Bonus Act - The Economic Times.pdf