in the definition of employee under payment of bonus act, what is the max limit for salary payable to an eligible employee..is it 3500 or 10000?
Osheen Bhattacharya (CA Final) (241 Points)
25 April 2010in the definition of employee under payment of bonus act, what is the max limit for salary payable to an eligible employee..is it 3500 or 10000?
* Krishna *
(CA Student)
(6149 Points)
Replied 25 April 2010
It is revised to Rs.10,000 now in the definition.