Easy Office

Bonus

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(Querist)
15 September 2009 What is the minimum bonus required to be paid by a co. When payment of minimum bonus is compulsory.
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Ajay Mishra

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Ajay Mishra (Expert)
15 September 2009 Hi


The bonus issue is made out of the free reserve built out of the genuine profit or share premium collected in cash only.

I think you can issue bonus up to the genuine profit or share premium of the company.


Regards

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