Hi All,
As per the current Bonus act the employer's compulsory obligation to pay the bonus is limited to employees getting basic + DA up to Rs.10,000/- and amount of maximum bonus is Rs.3500/- for those getting salary between Rs.3500/- to Rs.10,000/- for employees getting less than Rs.3500/- shall be actual.
However, employer can pay the ex-gratia to the employees getting salary more that Rs.10,000/- as per their own choice.
All the best
M. S. Rawat
As per the current Bonus act the employer's compulsory obligation to pay the bonus is limited to employees getting basic + DA up to Rs.10,000/- and amount of maximum bonus is Rs.3500/- for those getting salary between Rs.3500/- to Rs.10,000/- for employees getting less than Rs.3500/- shall be actual.
However, employer can pay the ex-gratia to the employees getting salary more that Rs.10,000/- as per their own choice.
All the best
M. S. Rawat