LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Comments

Posted by: Prakash Yedhula 19/04/2009 10:32:15

(i) The minimum bonus is to be proportionately reduced by reference to the number of days an employee worked. (ii) No work for all the working days, no payment of full bonus. (iii) The bonus is payable on the salary or wages earned by an employee in respect of an accounting year. The payment received by way of encashment of leave cannot be taken into account for payment of bonus.



You need to be logged in to post comment