Does the bonus need to be given before the month of augest? I worked in a manufacturing company where bonus was being distributed before or by the end of Augest. My first query is: 1Is there any provision that the Bonus has to be[..] 4 Replies
Bonus to be added in ctc Dear all PLease confirm whether the Bonus to be added in CTC of any employee and have to mention in appointment letter? Please help by explaining the Bonus Rules as per Bonus[..] 1 Replies
Bonus to be added in ctc Dear all PLease confirm whether the Bonus to be added in CTC of any employee and have to mention in appointment letter? Please help by explaining the Bonus Rules as per Bonus[..] 67 Replies
Bonus What are the latest rules for paying bonus/bonus act? Who are all exempted from this payment.? 10 Replies
Regarding bonus Dear Sir/ Madam i am working in one of mnc company i joined this company on march 2007 and now i am going to relieving this comapny. actully here i complted 15[..] 1 Replies
I wud like to know the Bonus rules. Also as per taxxmann site it says u have to pay only basic + d.a where as we have paid one monthgross as bonus. need clarity on this
Bonus dont pay on gross salary it will pay by on basic+DA
Min:8.33%and Maxi:20%
calculation of bonus:
For Example:5000(Basic+DA)
Calculations:5000*Howmany months worked in financial year(12)*20%
Bonus=12,000/-Rs.
This is the calculation of bonus