What is the Minimum and Maximum percentage of bonus as per the bonus Act?

Created by Tamilselvan R CR Team, Modified on Mon, 10 Oct 2022 at 06:45 PM by Tamilselvan R CR Team

A Byte a day on Bonus act


What is the Minimum and Maximum percentage of bonus as per the bonus Act?


As per the bonus act the minimum rate of Bonus is 8.33% of the salary and the maximum is 20% of the salary.


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