Question

Under Payment of Bonus Act, an employee is eligible to get bonus if he had worked for not less than ______ days in the preceding year.

• A. 180
• B. 60
• C. 45
• D. 30

Answer 1

Answer:

D. 30

• Correct Answer: Option D (30)

• Under the Payment of Bonus Act, 1965, an employee is eligible to receive a bonus if he has worked for not less than 30 working days in the preceding accounting year.

• Key Points:

  • This provision is mentioned under Section 8 of the Payment of Bonus Act, 1965.

  • The Act applies to establishments employing 20 or more persons.

  • The minimum bonus payable is 8.33% of the salary/wages earned during the accounting year.

  • The maximum bonus payable is 20% of the salary/wages.

  • An employee drawing a salary of up to ₹21,000 per month is eligible for bonus under this Act.

  • If an employee has been laid off, on leave, absent due to temporary disablement caused by accident arising out of and in the course of employment, or on maternity leave, such days are also counted as working days for the purpose of the 30-day eligibility criterion.