PAYMENT OF BONUS AND ELIGIBILITY by Ashish Nagpal
Author: Ashish Nagpal, Student at FIMT, Delhi. ABSTRACT Bonus in it’s general meaning refers to as a reward that is given to a worker for his fine work with regard to that organization. The primary purpose of granting bonus was of dividing the profit which is received by the organization between the employees and workers. The Payment of Bonus Act,1965 was such a move which has been quite historic in…