Dear All,
I am little bit confused regarding Payment Of Bonus Act 1965 according to that minimum Bonus payable is 8.33%. But one recent amendment is there according to that minimum bonus payable is 11%. Please guide me its urgent.
Awaiting your response.
With Regards,
Vineet Deshmukh
From India, Yavatmal
25I am little bit confused regarding Payment Of Bonus Act 1965 according to that minimum Bonus payable is 8.33%. But one recent amendment is there according to that minimum bonus payable is 11%. Please guide me its urgent.
Awaiting your response.
With Regards,
Vineet Deshmukh
From India, Yavatmal
Bonus Act is not yet amended. See various discussions on this topic. It is still the same. The Bill is not yet passed in Parliament.
From India, Madras
From India, Madras
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Amendment to Payment of Bonus Act 2015.jpg
Bonus act amendment gazette copy.pdf