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(Querist)
01 July 2009 hi, i want to know one thing that a Pvt Ltd company having approximate 200 employee is paying bonus to its employee but due to recession or shortage of funds can it stop payment of bonus to its employee.
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SUBRAMANYA H

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SUBRAMANYA H (Expert)
01 July 2009 NO Minimum bonus 8.33% should be declared
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Ankur Garg

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Ankur Garg (Expert)
01 July 2009 Agree with Expert.

Payment of minimum bonus is mandatory as per Law.
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