Section 32 of POB Act, 1965 : Section 32: Act Not To Apply To Certain Classes Of Employees
POB Act, 1965
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Explanation using Example
Let's consider a hypothetical scenario where Priya is employed as a research analyst at the Reserve Bank of India (RBI). She has been working there for over two years. During a discussion with friends who work in the private sector, the topic of annual bonuses comes up. Her friends mention that they are expecting a bonus as per the Payment of Bonus Act, 1965, which mandates that employers pay bonuses to t...
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