FOR PAYMENT OF BONUS, IS THERE A OPTION TO PAY ON 3500x12.
"Section 12 : Calculation of bonus with respect to certain employees :- Where the salary or wage of employee exceeds 2[ two thousand and five hundred rupees] per mensem, the bonus payable to such employee u/s 10 or, as the case may be, u/s 11, shall be calculated as if his salary or wage were 2[ two thousand and five hundred] per mensem ].
"Section 12 : Calculation of bonus with respect to certain employees :- Where the salary or wage of employee exceeds 2[ two thousand and five hundred rupees] per mensem, the bonus payable to such employee u/s 10 or, as the case may be, u/s 11, shall be calculated as if his salary or wage were 2[ two thousand and five hundred] per mensem ].