To provide for the legal provisions for the distribution of bonuses to the workers and the personnel working in the enterprises, the Bonus Act, 2030 has been enacted on 2030-12-01 (March-14,1974). Under the Bonus Act, 2030, the various legal provisions like the amount of bonus to be distributed, terms and eligibility for bonus distribution and its limitation and dispute settlement mechanism, etc. are provided by the Act.
Specification:
- Eligibility for bonus.
- Calculation and Distribution of bonus.
- Settlement of dispute regarding bonus.
- Provision of bonus for government earned entities.
Source: PDF Copy of Bonus Act 2030, provided above was downloaded from Ministry of Labour, Employment and Social Security.
