What is the maximum limit of wages or salary of an employee, to be entitled to receive bonus under the Payment of Bonus Act, 1965:

CS Executive · Industrial, Labour & General Laws · PYQS · December 2020
What is the maximum limit of wages or salary of an employee, to be entitled to receive bonus under the Payment of Bonus Act, 1965:
(A) ₹10,000 per month
(B) ₹15,000 per month
(C) ₹18,000 per month
(D) ₹21,000 per month

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Industrial Law

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