The Payment of Bonus Act,1965

An Act to provide for the payment of bonus to persons employed in certain establishments on the basis of profits, production, or productivity and for matters connected therewith.

Compliances

Applicability

  • Every factory and every other establishment in India in which 20 or more persons are employed on any day during an accounting year.
  • Any person (other than an apprentice) employed on a salary or wage not exceeding Rs. 21,000/-  p.m. in any industry to do any skilled or unskilled, manual, supervisory, managerial, administrative, techni­cal, or clerical work for hire or reward whether the terms of employment be expressed or implied.

References

Notifications

West Bengal issues Guidelines for Payment of Bonus before Durga Puja

15 Sep, 2021
The Governor of West Bengal, in the interest of maintenance of industrial peace and harmony, makes an appeal to all employers and employees of the state covered under payment of Bonus Act, to stick to the guidelines issued while setting the legitimate dues of workers in respect of payment of bonus, in view of ensuing Durga Puja.
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