Dear Sangeeta
U have a right question,according to my knowledge based on the bonus Act,it can not be part and parcel of CTC
Bonus calculations will be based on balance sheet and after working allocable surplus and available as prescribed under bonus Act.then only the company will be knowing the % of bonus to be declared/payable.How can any one presume and add in to the CTC,
In case of adding in to CTC @8.33% and available % is @16% the employer is liable to pay the difference to its employees,however in all normal cicumstances it is not happening .
with regard to to ur second question whether it can attract ESI,CTC will be in TWO/THREE parts one is salary part ie basic ,HRA,and other allowences.The second part is statutory ie PF and ESI,.The Third one is others where in we can show LTA,Medical,Bonus ,hence it will not attract ESI.when we are showing the same in Third coloumn it can be paid only at the year end.
In case employee leaving the organisation before the payment ,and while settling F &F the bonus as shown in CTC is to be paid along with settlement.
If some one raises a dispute it is responsibility of the compnay to prepare workings as per bonus act.
Patrudu
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