Question

Under Section 8 of the Payment of Bonus Act, 1965, every employer is bound to pay to every employee, in respect of an accounting year, a minimum bonus of -

A eight point three three per cent of the salary or wage earned by the employee, or one hundred rupees, whichever is higher.
B five per cent of the salary or wage earned by the employee during the accounting year.
C ten per cent of the profits of the establishment, subject to a floor of fifty rupees.
D twenty per cent of the salary or wage, or two hundred rupees, whichever is lower.
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