Saswatabanerjee
Partner - Risk Management
Harishattri
Salaried
+2 Others

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
My monthly basic salary is Rs. 11,950/ pm. I am working here since last 5 years. Please tell, what is the annual bonus amount.
From India, New Delhi
Dear,
As per legal calculation it would be minimum 8.33% which is rs. 3500/- & maximum 20% which is rs. 8400/-. if you have all payable days in particular financial year. then you are eligible for mentioned amount.
Thanks
Sandeep Sharma

From United Arab Emirates, Dubai
Since your Salary is above ₹10,000 per month, you are not eligible for bonus under the payment of bonus act.
From India, Mumbai
Mr Sandeep He is not eligible for statutory bonus as per Payment of Bonus Act.Please read sec 2(13)( ,definition of employee,) of the Act.
From India, Thiruvananthapuram
Dear If you got bonus in old financial (2013-14) year even your basic salary is above 10,000/- . then you are eligible for bonus in this financial year (2014-15) as well. Thanks Sandeep
From United Arab Emirates, Dubai
BONUS CALCULATIONS BASIC +DA*12*8.33% CILING LIMIT 8.33% TO 20% BASIC + DA CELING LIMIT 3500 TO 10000 REGARDS RAVI
From India, Bangalore
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™