Under the Payment of Bonus Act 1965, what is the maximum percentage of bonus that shall be paid to employers?
a) 20%
b) 22%
c) 25%
d) 8.33%
The employees drawing up to Rs. ____ as wages are only covered under the ESI Act 1948.
a) 15000/-
b) 10000/-
c) 6500/-
d) 7500/-
Please answer these questions and provide the correct updated answers. Thank you.
From India, Karimnagar
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2a) 20%
b) 22%
c) 25%
d) 8.33%
The employees drawing up to Rs. ____ as wages are only covered under the ESI Act 1948.
a) 15000/-
b) 10000/-
c) 6500/-
d) 7500/-
Please answer these questions and provide the correct updated answers. Thank you.
From India, Karimnagar
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1a) 20% 2a) 15000 These facts are easily available by reading the bare act.
From India, Pune
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From India, Pune
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Maximum Bonus payable is 20% on Basic + DA and ESI is covered upto gross salary of 15000/- Regards, Murali
From India, Hyderabad
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From India, Hyderabad
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d)8.33% a)15000/- their might be change in new ESI act that need to be checked their might be change in new ESI act that need to be checked
From India, Chandigarh
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From India, Chandigarh
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The Payment Of Bonus Act, 1965 5 november 2016.pdf
Payment of Bonus Act 1965.doc