The minimum bonus which an employee is required to pay even if he suffers losses during the accounting year or there is no allocable surplus, is __________ % of the salary or wages during the accounting year.

CS Executive · Industrial, Labour & General Laws · PYQS · June 2021
The minimum bonus which an employee is required to pay even if he suffers losses during the accounting year or there is no allocable surplus, is __________ % of the salary or wages during the accounting year.
(A) 6.33%
(B) 8.33%
(C) 9.00%
(D) 10.00%

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Industrial Law

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