If during the financial year salary of an employee crosses the threshold limit i.e. Rs10000,than still the employee will be covered by bonus act during the financial year or not?
1 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 22 May 2011
under bonus act, no bonus for employees over 10000/-
however its upto management if agree to pay, there is no bar, but act does not not make it eligible to employee
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