Query related to Bonus Act:
1. Who all is it applicable to?
2. Minimum and maximum eligibility criteria
3. Can bonus component be merged with the salary
4. Can annual bonus be paid under a seperate component in salary on monthly basis instead of annual payout
5. What happens when employee salary crosses Rs 21000?
1. Who all is it applicable to?
2. Minimum and maximum eligibility criteria
3. Can bonus component be merged with the salary
4. Can annual bonus be paid under a seperate component in salary on monthly basis instead of annual payout
5. What happens when employee salary crosses Rs 21000?