Bonus

This query is : Resolved 

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.

01 July 2009 NO Minimum bonus 8.33% should be declared

01 July 2009 Agree with Expert.

Payment of minimum bonus is mandatory as per Law.




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