Bonus Query - Bonus Act

Dear Sir,
can you tell me how much sealing of the bonus and what is minimum limit for the employer which are payable to employee in a one year working period.

Dear Raju
as per Bonus Act-
Employee earning up to 10k pm are entitled for bonus.
Calculation to be made on salary 3500/- per month.
minimum limit-8.33%
maximum limit-20%

1. The Act enables the employees to get a minimum bonus equivalent to one month's salary or wages (8.33% of annual earnings) whether the employer makes any profit or not. But the Act also puts a ceiling on the bonus and the maximum bonus payable under the Act is equivalent to about 2 1/2 months' salary or wage (20% of annual earnings).
2. It is to be noted that employees drawing salary or wage exceeding Rs. 10000.00 per month are not entitled to get any bonus under the Act. (w.e.f. 1 April 2006)
3. An employee will be entitled only when he has worked for 30 working days in that year. {Section 8}