Clair Obscur: Expedition 33 | Site Officiel ()

bonus 33What is statutory bonus in CTC? Statutory Bonus in India is paid as per Payment of Bonus act (1965). The bonus rate is between 8.33% and 20% based on the ‘availableThe Payment of Bonus Act, 1965 provides for a minimum bonus of 8.33 % of wages. Unless provided otherwise, the payment of bonus act shall apply to every: (a) factory worker and (b) a worker from other establishments