Poonawalla fincorps
Poonawalla fincorps

Bonus Act

This query is : Resolved 
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(Querist)
08 March 2009 Is there any time limit but the resersal of the bonus provision made?
It is the policy of the company to pay the bonus amount in Diwali and if the left employees does not come at Diwali the bonus amount is not paid.
According to the Bonus Act, is it correct?
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
08 March 2009 Kindly pass a entry like this

Bonus a/c Debit *****

Employee A/c *********

(Being amt of Unpaid Bonus)

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