Hello guys,
My company is in loss and as per the seniors, they are saying that bonus is not payable to employees as the company is in loss. Please guide me in this regards and if you have any circular/notification, wherein it says that Statutory Bonus is compulsory to pay to employees who are comes below 21K as basic salary.
Thanks
From India, undefined
1My company is in loss and as per the seniors, they are saying that bonus is not payable to employees as the company is in loss. Please guide me in this regards and if you have any circular/notification, wherein it says that Statutory Bonus is compulsory to pay to employees who are comes below 21K as basic salary.
Thanks
From India, undefined
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FORM-C.BONUS PAYABLE & PAID.docx
Amendment to Payment of Bonus Act 2015.jpg
Bonus act amendment gazette copy.pdf