The Payment of Bonus Act, 1965
Bare Act
(1) This Act may be called the Payment of Bonus Act, 1965.
(2) It extends to the whole of India.
(3) Save as otherwise provided in this Act, it shall apply to -
- (a) every factory; and
- (b) every other establishment in which twenty or more persons are employed on any day during an accounting year:
Provided that t… Read the complete text with KanoonGPT Pro.
Simplified Act
(1) This law is known as the Payment of Bonus Act, 1965.
(2) It is applicable throughout India.
(3) This law generally covers:
- (a) every factory; and
- (b) eve… Read the complete text with KanoonGPT Pro.
Explanation using examples
Imagine a scenario where 'XYZ Textiles Ltd.' is a factory located in Mumbai, India, which… Read the complete text with KanoonGPT Pro.
