I work for a BPO and i would like to know what components of salary are calculated for statutory bonus and i am also mentioning the components that are in my salary slip please let know about this.
5.Leave Travel Allowance
From India, Hyderabad
For Bonus calculation only Basic+DA and VDA is to be taken. Other allowances should be taken. In the absence of DAs, the bonus is to be calculated only on Basic. It should be in line with the Minimum wages Act or the minimum bonus of Rs. 7000/-.
From United States, Cambridge
HRA will not be calculated for Bonus. Bonus is calculated only on Basic+DA.
From India, Chennai
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