Thursday, April 25, 2024    Bookmark and Share
AKAS & ASSOCIATES LLP
Chartered Accountant
My Documents
Admin Login
 
Home
Services
About Us
Contact Us
Partners
Ask a Query

Proportionate reduction in bonus in certain cases.

13.Where an employee has not worked for all the working days in an accounting year, the minimum bonus of one hundred rupees or, as the case may be, of sixty rupees, if such bonus is higher than 8.33 per cent of his salary or wage for the days he has worked in that accounting year, shall be proportionately reduced. 

Total Visitors: 728949 Powered By Aem Solutions