Home
My Documents
Admin Login
   E-mail
>
Quick Links
Bookmark and Share

Proportionate reduction in bonus in certain cases.

13.Where an employee has not worked for all the working days in an accounting year, the minimum bonus of one hundred rupees or, as the case may be, of sixty rupees, if such bonus is higher than 8.33 per cent of his salary or wage for the days he has worked in that accounting year, shall be proportionately reduced. 

Total Visitors: 781147 Copyrights © PANKAJ NIGAM & ASSOCIATES All Rights Reserved. Powered By Aem Solutions