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pulkit30
1

Dear All,
Kindly provide the details about the bonus.
1, Which establishment covered under the bonus act.
2, bonus is compulsory for all employee.
3, what is the celing of bonus.
4, Its return submission time.
5, How older establishment coverd under the bonus act.
6, Can bonus distribute twice in a year.
7, Minimum or maximum bonus.
Regards
pulkit

From India, New Delhi
Sukhada.sant
1

Bonus Calculation
If Basic+DA(FDA+VDA) is greater or eqaual to 3500 then 20 percent on 3500 and if Basic+DA is less than 3500 then 20 percent on actual.e.g:if Basic+Da is 4500 then bonus will be 3500*20% per month and if basic+da is 2500 then bonus will be 2500*20%.
Regards
Sukhada

From India, Pune
pulkit30
1

Dear All, If an employee availing Basic 9000/ then how much bonus paid to that employee if company given minimum bonus 8.33% Kindly solved my queary. Regards Pulkit
From India, New Delhi
Maharpankaj
Hi I want to know that if No. of month served also taken into count for Bonus calculation?
From India, Delhi
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