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payment of bonus act

This query is : Resolved 
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(Querist)
30 January 2010 what is minimum and maximum bonus to be payable to employees ?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
30 January 2010 Minimum 8.33% of the Salary or Rs.100 which ever is higher

Maximum 20 % of salary
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janak

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janak (Querist)
31 January 2010 thanks
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