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.
Chapter I — Full Text
Section 13
Proportionate reduction in bonus in certain cases
Printed from Law on Tips • The Payment of Bonus Act, 1965