It is seen that the interpretation given by Rajkumar Debey and two others is not so correct. Of course the ceiling for calculation of Bonus is fixed as Rs.7,000/- or the Minimum Wages for scheduled employment fixed by the Govt whichever is higher, it does not mean the wages taken for bonus calculation is Rs.7000/- as wages, even in the case of the wage or minimum wage is payable to employees is below Rs.7,000/- per month. U/s 10 of the Payment of Bonus Act says that "a minimum Bonus which shall be 8.33% of the salary or wage EARNED by the employee during the year" shall be taken care of while calculating the Bonus. Therefore, an employee is entitled to bonus payment only for the earned wages even in the case of the Minimum Wage for the scheduled employment fixed by the Govt. is less than Rs.7,000/-. Hope, my view is taken as correct one.
Regards,