Annual Bonus
Legal definition for Indian law research
Definition
Annual bonus, it is not when a payment is made at the end of the year, it can be considered to be an annual bonus. The essential test to be satisfied is that the payment should ensure throughout the year and it should also be continued from year to year, Workmen v. Bata Shoe (P) Ltd, (1972) 3 SCC 627 (638): AIR 1972 SC 1436. [Payment of Bonus Act, 1965 (21 of 1965)]
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