Bare ActsThe Payment of Bonus Act, 1965

Section 10

Amendment status not verified — confirm the current text below against the official source.

2,15,000 1,04,167** (after setting of 69,167 from year-8 and 41,666 from year-9) Nil Set off 52,501 (9) Notes- * Maximum. + The balance of Rs. 1,10,000 set on from year-2 lapses. ** Minimum

Section 10 – The Payment of Bonus Act, 1965 | DailyLaw.ai