Salary Limit in Bonus Act applicable for Nov 2016 exam:

Every Employee working in an establishment and earning salary or wage not exceeding Rs.10,000 per month is eligible for Bonus.

Recently, Central Government has increased this limit to Rs.21,000, which has already become applicable.

It is hereby clarified that this new limit is APPLICABLE for Nov 2016 exams, and students should not consider the old limit i.e., Rs.10,000.

Apart from this, there are no amendments in the Bonus Act portion.


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