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An employee engaged in an industrial establishment draws wages on Rs...

This question belongs to Management Labour And Social Welfare
Labour and Social Welfare
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An employee engaged in an industrial establishment draws wages on Rs. 20,000 per month. What is the amount of bonus he shall be entitled to, if it is to be paid at the rate of 9% by the employer for an accounting year under the provisions of the Payment of Bonus Act, 1965?

Answer & Solution
Correct Answer: Option C
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