I want to know in the payment of bonus act,1965 that in calculation of bonus whether we take 8.33% of the month salary for the bonus of entire year or 8.33% of the annual salary of the employee according to bonus act.
I want to know in the payment of bonus act,1965 that in calculation of bonus whether we take 8.33% of the month salary for the bonus of entire year or 8.33% of the annual salary of the employee according to bonus act.
8.33% on Annual.
It comes to around one month salary.
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