Examveda

Under the existing provisions of the Payment of Bonus Act, 1965, a ceiling has been imposed that for the purpose of computation of bonus, the wages be considered to be Rs. 10,000 only. There exists a proposal to amend this ceiling and raise the upper wage ceiling for the purpose of calculation to

A. Rs. 11,000

B. Rs. 19,000

C. Rs. 15,000

D. Rs. 25,000

Answer: Option B


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