17 June 2010
Say I am running a factory with aid of power, with 12 employees out of which 8 employees earn salary/wages less than 10,000/-. Other 4 employees earn salary more than 10,000/-. Shall Payment of Bonus Act be applicable to me?. i.e. while calculating the > = 10 employees criteria be applicable only to employees earning salary less than the mentioned slab or total number of employees?