Confused About Bonus Eligibility: Gross vs. Basic Salary Under 10000? Need Urgent Help!

thaker_varun
Bonus Eligibility in the Chemical Industry

I am working in the chemical industry in Ahmedabad and have a question regarding the eligibility for a bonus. Our consultant mentioned that a bonus is eligible for those whose gross salary is less than ₹10,000 per month. As per the direction of the Gujarat High Court judgment, all allowances are included in the eligibility for the bonus.

So, is this correct or wrong? I believe the bonus is payable to those whose basic salary is less than ₹10,000.

If you have any attachments regarding this clarification, please urgently send them to me. Please guide me on this issue. I need your urgent help.

Regards,
Varun Thaker
Sr. Executive (HR)
ravinder vashishth
Bonus Calculation and Eligibility

The bonus ceiling is set at ₹10,000 basic only. Any salary exceeding ₹10,000 will have the bonus calculation limited to ₹3,500. For salaries/wages exceeding ₹3,500, the actual calculation applies, while for wages of ₹3,500 or less, the calculation is different.

If you have any queries, feel free to contact me.

Regards,
Vashishth.R
HR Consultant
[Phone Number Removed For Privacy Reasons]
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