Salary Breakdown for Bonus Eligibility: Does It Include All Allowances or Just Basic Pay?

pandeybn
Please let me know if the salary for bonus eligibility is Rs. 10,000 (basic + DA) only, or if it includes all allowances such as HRA, CA, etc., totaling Rs. 10,000.
M.Venkatesh
Dear Pandey,

Minimum eligibility: 30 days to work in an accounting year. Sealing Rs.3500/- per month (basic + DA). Minimum 8.33% - Maximum 20%.

Regards,
Venkat
abbasiti
Bonus Calculation Timeline

Bonus calculation is based on the financial year (April-March). The last date to settle/finalize the bonus is November 30 (8 months after the completion of the FY).

Regards,
Abbas.P.S
shreekanth.pr
Basic dearness allowance, that is to say, all cash payment by whatever name called, paid to an employee on account of a rise in the cost of living. However, many allowances like family allowance, house rent allowance, ad-hoc, and tiffin allowance have been specifically held as not to be in the nature of dearness allowance.

The Bombay High Court has held that retention allowance paid to seasonal employees will be considered wages under the Act. Therefore, Basic + DA + RA is considered wage for the bonus.
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