Chartered Accountant
2731 Points
Joined January 2008
i couldn't able to find any such circular/notification.
still u can surf the following site...................
"https://confederationhq.blogspot.com/2007/11/letters.html"
also as Sec.31A clearly states that .......
.if the employee is having any agreement for payment of productivity linked bonus, then also the employee is entitled to minimum and maximum bonus mentioned in the act.
hence if the productivity linked bonus comes out to be less than the minimum bonus, then the additional amt. has to be paid....