If the allocable surplus exceeds the amount of minimum bonus payable to the employees, the employer shall, in lieu of such minimum bonus, be bound to pay to every employee subject to a maximum of ............ of such sal
CS Executive · Industrial, Labour & General Laws · PYQS · December 2017
If the allocable surplus exceeds the amount of minimum bonus payable to the employees, the employer shall, in lieu of such minimum bonus, be bound to pay to every employee subject to a maximum of ............ of such salary or wage.
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Payment of Bonus Act, 1965
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