Regarding Bonus

This query is : Resolved 

07 August 2008 Hi Sir

I have some confusion regarding the employees bonus.
Sir Is it mandetory to pay bonus to employee every year in any condition? If employee's basic salary is below 10000/- then minimum how much bonus have to pay by employer?
Can we consider a basic salary Rs 3500/-?
If company suffering from losses in that condition also employer have to pay bonus @ 8.33% on basic salary or it is not necessary to pay bonus to employee in case of loss?

Please Suggest Me.
How do I get info regarding above & which section of bonus act I have to refer.

Regards
Anil

08 August 2008 You can check with the Payment of Bonus Act, which is available in Share Files Folder.

08 August 2008 The question was already answered.


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