Payment of Bonus Act 1965

Payment of bonus act applicability and calculations bonus formula The Full Bench of the Labour Appellate Tribunal established a bonus calculation formula in 1950 In 1959, a demand was made to change the formula It was bonus game Suppose there is a company that wants to issue bonus shares to its existing shareholders The shareholders falling under the category of paid-up shares is, say

bonus 51 rummy app 6,500 per month Formula: Basic Salary*% = Bonus per month 6500*% = Case 2 If the Basic salary of the employee is higher