sangeeta
salary limit is changed from Rs 3500.(basic +DA) to Rs 10000. and bonus limit Rs.2500 to 3500.
i.e if employees whose salary 10000 pm(basic+D.A) and delaire rate of bonus is 8.33% , he/she will get bonus max.Rs 3500 and remaining amt will be exgratia i.e Rs 6496(bonus 3500+exgratia 6496=9996)
sacheein
salary limit is changed from Rs 3500.(basic +DA) to Rs 10000. and bonus limit Rs.2500 to 3500.
i.e if employees whose salary 10000 pm(basic+D.A) and delaire rate of bonus is 8.33% , he/she will get bonus max.Rs 3500 and remaining amt will be exgratia i.e Rs 6496(bonus 3500+exgratia 6496=9996)
sacheein