The minimum amount of bonus fixed under the payment of bonus act 1965 is ........

Industrial Relation and labour law Labour Laws -II

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The minimum amount of bonus fixed under the payment of bonus act, 1965 is :

5.5 percent

7.33 percent

8.33 percent

10 percent

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Explanation:

8.33% THE PAYMENT OF BONUS ACT, 1965

The minimum bonus of 8.33% is payable by every industry and establishment under section 10 of the Act. The maximum bonus including productivity linked bonus that can be paid in any accounting year shall not exceed 20% of the salary/wage of an employee under the section 31 A of the Act.