Tag: minimum bonus
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Payment of Bonus Act, 1965: Maximum Bonus Rs 16,800? A Myth or reality
Payment of Bonus Act, 1965 The Payment of Bonus Act, 1965, is a law in India that aims to provide for the payment of bonus to employees based on their performance and productivity. The objective of the act is to ensure that employees receive a share of the profits earned by their employers. As per…