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    Question

    According to Payment of Bonus Act 1965, what is the

    minimum bonus in case of an adult payable?
    A 8.33% of the wages Correct Answer Incorrect Answer
    B 8.33% of wages or Rs 60, whichever is higher Correct Answer Incorrect Answer
    C 8.33% of wages or Rs 100, whichever is lower Correct Answer Incorrect Answer
    D 8.33% of wages or Rs 100, whichever is higher Correct Answer Incorrect Answer

    Solution

    According to the Payment of Bonus Act, 1965, the minimum bonus payable to an adult employee is: 8.33% of the wages or Rs 100, whichever is higher. This means that an eligible adult employee is entitled to receive a minimum bonus of 8.33% of their wages for the accounting year, and if the amount calculated based on 8.33% is less than Rs 100, then the employee is entitled to a minimum bonus of Rs 100.  

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