Bare ActsThe payment of bonus act, 1965

Section 13

Proportionate reduction in bonus in certain cases.

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

1 [13. Proportionate reduction in bonus in certain cases. --Where an employee has not worked for all the working days in an accounting year, the minimum bonus of one hundred rupees or, as the case may be, of sixty rupees, if such bonus is higher than 8.33 per cent. of his salary or wage for the days he has worked in that accounting year, shall be proportionately reduced.]

Section 13 – The payment of bonus act, 1965 | DailyLaw.ai