https://www.taxtmi.com/acts?id=51308 Amendment limits tax deduction for bonuses paid to employees in establishments covered by the Payment of Bonus Act to the amount payable under that Act, and revises proviso language to exclude bonuses already referred to in the earlier proviso, clarifying that the deduction cap applies where the Payment of Bonus Act governs. en-us Wed, 14 May 2025 16:14:19 +0530 Wed, 14 May 2025 16:14:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51308 Amendment limits tax deduction for bonuses paid to employees in establishments covered by the Payment of Bonus Act to the amount payable under that Act, and revises proviso language to exclude bonuses already referred to in the earlier proviso, clarifying that the deduction cap applies where the Payment of Bonus Act governs. Act-Rules F. Acts / Amendment Acts Wed, 14 May 2025 16:14:19 +0530 https://www.taxtmi.com/acts?id=51308