Tax4india ›› Indian Law ›› Labour Law ›› Payment of Bonus under The Payment of Bonus Act,1965
Payment of Bonus under The Payment of Bonus Act,1965
The payment of Bonus Act provides for payment of bonus to persons employed in certain establishments of the basis of profits or on the basis of production or productivity and for matters connected therewith.
It extends to the whole of India and is applicable to every factory and to every other establishment where 20 or more workmen are employed on any day during an accounting year
Eligibility for bonus
Minimum /Maximum bonus payable
Calculation of bonus
Duties/Rights of employer
Rights of employees
Recovery of bonus due
Offences and penalties
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