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Bonus it is calculated on basic salary or Gross salary?


rajniverma
2
Bonus it is calculated on basic salary or Gross salary. Please clarify.
From India, Delhi
sumeet kotasthane
1
Hi Radha. We can share this by this site also. Sumeet . 9303233355
From India, Indore
Anonymous
Bonus is calculated on Basic Salary + Dearness Allowance (Fixed + Variable)/Special Allowance (As per minimum wages) to maximum cealing of Rs.7,000/- or Actual whichever is lower.
From India, Mumbai
natraj@sakthimanagement.com
199
As per the latest amendment of Payment of Bonus Act 2016, Bonus has to be paid on the Minimum wages or Rs 7000/= whichever is higher and not lower.
N Nataraajhan, Sakthi Management Services (Hp : + 91 94835 17402)
From India, Bangalore
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India, Delhi
06 January 2018 08.24.54 AM
Views: 2090 Replies: 3 Appreciations: 0

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