Section 47 in The Orissa Co-operative Societies Rules, 1965
47. Restriction on Payment of Bonus.
(1)The payment of bonus in any year under Clause (e) of Sub-Section (2) of Section 56 shall not exceed 3 months basic salary.(2)The payment of bonus in any year under Clause (f) of Sub-Section (2) of Section 56 shall be half of the rate of bonus allowed under Clause (e) thereof.
