https://www.taxtmi.com/acts?id=51298 Employees who, by agreement or settlement entered into before or after commencement of the Amendment Act, receive an annual bonus linked to production or productivity in lieu of the profit based bonus are entitled to the bonus under that agreement or settlement, provided the payment does not exceed the statutory cap measured against the salary or wage earned in the relevant accounting year. en-us Wed, 14 May 2025 16:11:00 +0530 Wed, 14 May 2025 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51298 Employees who, by agreement or settlement entered into before or after commencement of the Amendment Act, receive an annual bonus linked to production or productivity in lieu of the profit based bonus are entitled to the bonus under that agreement or settlement, provided the payment does not exceed the statutory cap measured against the salary or wage earned in the relevant accounting year. Act-Rules F. Acts / Amendment Acts Wed, 14 May 2025 16:11:00 +0530 https://www.taxtmi.com/acts?id=51298