What is Bonus Act? Is it mandatory?
The Payment of Bonus Act, 1965, gives to the employees a statutory right to a share in the profits of his employer....
Is Bonus Act applicable to all the employees?
No, it is to be noted that employees drawing salary or wage exceeding....
What is Calculation of Bonus at the time of paying?
Eligible employees drawing wages up to Rs.10,000/- per month &....
What is the time limit for the payment of Bonus?
Within 8 months from the closing of accounting year (section 19)....
Is there any deduction of Bonus happen?
On dismissal of an employee for; Fraud; or ....