The Payment of Bonus Act,1965

An Act to provide for the payment of bonus to persons employed in certain establishments on the basis of profits, production, or productivity and for matters connected therewith.

Compliances

Applicability

  • Every factory and every other establishment in India in which 20 or more persons are employed on any day during an accounting year.
  • Any person (other than an apprentice) employed on a salary or wage not exceeding Rs. 21,000/-  p.m. in any industry to do any skilled or unskilled, manual, supervisory, managerial, administrative, techni­cal, or clerical work for hire or reward whether the terms of employment be expressed or implied.
Related Acts

More Notifications

Discuss business needs, find out pricing or get a demo. We would love to talk.

  • Product
  • HR Software
  • Payroll Software
  • Leave Management
  • Attendance Management
  • Performance Management
  • Employee Self Service
  • Employee Engagement
  • Unite Marketplace
  • Recruitment Software
  • greytHR Service Status
greytHR-logo
GDPR Compliant certification badge
Soc2 certification badge
ISO Certification Badge
WhatsApp LogoMessage us on WhatsApp
© 2024 Greytip Software Pvt. Ltd.
Privacy PolicyTerms of Use
India
FacebookTwitterLinkedInInstagramYouTube