Unpaid Bonus
This query is : Resolved
27 May 2009
Please tell me the treatment of unpaid bonus alongwith reference in bonus act as soon as possible
06 June 2009
Steps should be taken to send the bonus by postal to the ex employee. If sufficient proof is there that the employee is not traceable, then that bonus should be transferred to Unclaimed Bonus Account and maintained as such for seven years.
Then the amount should be transferred to Government's General Fund Account.
Then the amount should be transferred to Government's General Fund Account.
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