Payment of Bonus Act 1965

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 November 2010 can any one tell me that what is the maximum bonus payable inunder the Payment of Bonus Act, 1965.

I know that the Maximum bonus payable is 20% of salary or wage but i want to know that what is the maximum bonus payable in amount of Rupees.

27 November 2010 There is no such limit in Rs


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