Consider the following statements under the Payment of Bonus Act, 1965: (i) An employer is entitled to deduct Puja bonus or any customary bonus paid to the employee, from the amount of bonus payable to him in respect of

CS Executive · Industrial, Labour & General Laws · PYQS · December 2016
Consider the following statements under the Payment of Bonus Act, 1965: (i) An employer is entitled to deduct Puja bonus or any customary bonus paid to the employee, from the amount of bonus payable to him in respect of that accounting year (ii) Where an employer has paid a part of the bonus payable to an employee before the date on which such bonus becomes payable, then the employer shall be entitled to deduct the amount of bonus so paid from the amount of bonus in respect of that accounting year (iii) Where an employee is found guilty of misconduct causing financial loss to the employer, deduction of such amount out of bonus payable is lawful. Select the correct statements from the options given below
(A) (i) and (ii)
(B) (ii) and (iii)
(C) (iii) and (i)
(D) All of the above.

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Payment of Bonus Act, 1965

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