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An employee is employed in an industry on a wage of...

This question belongs to Management Labour And Social Welfare
Labour and Social Welfare
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An employee is employed in an industry on a wage of rupees eight thousand and five hundred per month, which is fixed as the minimum wage as a scheduled employment by the appropriate government. What is the amount of bonus he shall be entitled to, if it is to be paid at the minimum rate of 8.33% by the employer under the Payment of Bonus Act, 1965?

Answer & Solution
Correct Answer: Option C
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