Bonus
This query is : Resolved
01 July 2009
hi, i want to know one thing that a Pvt Ltd company having approximate 200 employee is paying bonus to its employee but due to recession or shortage of funds can it stop payment of bonus to its employee.
SUBRAMANYA H
(Expert)
01 July 2009
NO Minimum bonus 8.33% should be declared
Ankur Garg
(Expert)
01 July 2009
Agree with Expert.
Payment of minimum bonus is mandatory as per Law.
Payment of minimum bonus is mandatory as per Law.
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