Bonus Act 1965

Manoj (Salaried) (43 Points)

21 January 2009  
As per the Payment of Bonus Act 1965 (Amended Oct-07) I wanted to know if any employee during 2006-07/2007-08 is covered by companies regular incentive program (receives Performance incentives at year end) is still need be paid additional amount as per Payment of Bonus Act 1965 (Amended Oct-07)?
 
If yes then request you to please send me relevant circular/notifications.
 
Thanks a lot in advance.