DEAR SENIORS,
WE WERE PAYING BONUS TO STAFF @8.33% EMPLOYEES GETTING SALARY OF Rs 3500 OR LESS @ ACTUAL SALARY ( BASIC AND DA). IT IS NOTICED THAT WE HAVE MADE WRONG CALCULATION. WE SHOULD HAD TO CALCULATE ON Rs2500/- INSTEAD OF Rs3500/- .
NOW WE HAVE CALCULATED BONUS @ 3500/- TO EMPOLYEES GETTING SALARY ( BASIC+DA) MORE THAN 3500 TO 10000/- PER MONTH.
PLEASE GUIDE US THAT WHETHER WE ARE CALCULATING BONUS @3500/- IS CORRECT. OR WE SHOULD CALCULATE MORE. IT IS BECAUSE EARLIAR YEARS WE HAVE PAID EXCESS AMOUNT BY CALCULATING AT 3500/- INSTEAD OF 2500/-
WHETHER WE HAVE TO FOLLOW ANY PROCEDURE BEFORE PAYING THIS AMOUNT.
REGARDS
RAKESH SRIVASTAVA
WE WERE PAYING BONUS TO STAFF @8.33% EMPLOYEES GETTING SALARY OF Rs 3500 OR LESS @ ACTUAL SALARY ( BASIC AND DA). IT IS NOTICED THAT WE HAVE MADE WRONG CALCULATION. WE SHOULD HAD TO CALCULATE ON Rs2500/- INSTEAD OF Rs3500/- .
NOW WE HAVE CALCULATED BONUS @ 3500/- TO EMPOLYEES GETTING SALARY ( BASIC+DA) MORE THAN 3500 TO 10000/- PER MONTH.
PLEASE GUIDE US THAT WHETHER WE ARE CALCULATING BONUS @3500/- IS CORRECT. OR WE SHOULD CALCULATE MORE. IT IS BECAUSE EARLIAR YEARS WE HAVE PAID EXCESS AMOUNT BY CALCULATING AT 3500/- INSTEAD OF 2500/-
WHETHER WE HAVE TO FOLLOW ANY PROCEDURE BEFORE PAYING THIS AMOUNT.
REGARDS
RAKESH SRIVASTAVA