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[Cites 0, Cited by 0] [Section 13(2)] [Section 13] [Entire Act]

Union of India - Subsection

Section 13(2)(ii) in Life Insurance Corporation of India Class III and Class IV Employees (Revision of Terms and Conditions of Service) Rules, 1985

(ii)where the salary of an employee exceeds Rs. 7,000/- per month but does not exceed Rs. 21,000/- per month, the maximum payment in lieu of bonus payable to such employees shall be calculated as if his salary were Rs. 7,000/- per month.]