Hi,
Can we pay statutory bonus on monthly basis @ 8.33% of Basic + DA subject to limit of Rs. 3,500/- PA.
and whether ESIC is applicable on the statutory bonus if paid on monthly basis.
Regards,
Sunil Kumar
Can we pay statutory bonus on monthly basis @ 8.33% of Basic + DA subject to limit of Rs. 3,500/- PA.
and whether ESIC is applicable on the statutory bonus if paid on monthly basis.
Regards,
Sunil Kumar