Payment of Bonus Act, 1965

Payment of Bonus Act, 1965

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Payment of Bonus Act1965

The offered Payment of Bonus Act1965 is the principal act for the payment of bonus to the employees which was formed with an objective for rewarding employees for their good work for the organization. It is a step forward to share the prosperity of the establishment reflected by the profits earned by the contributions made by capital, management and labor with the employees. The offered Payment of Bonus Act1965 is very essential for the motivation of employees.

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