• Embed Doc
  • Readcast
  • Collections
  • CommentGo Back
Download
 
 
INDIAN BONUS ACT – 1965
 
 
Bonus - History
The practice of paying bonus in Indiaappears to have originated during FirstWorld War when certain textile millsgranted 10% of wages as war bonus totheir workers in 1917. In certain cases oindustrial disputes demand for payment of bonus was also included. In 1950, the FullBench of the Labour Appellate evolved aformula for determination of bonus.
 
 
Introduction
An Act to provide for the payment of bonusto persons employed in certainestablishments on the basis of profits or on the basis of production or productivityand for matters connected therewith.
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...
You must be to leave a comment.
Submit
Characters: ...