Bonus Calculation - Actual Wages Is > Minimum Wages Or < 7000

I agree with Mr. A Radhakrishna & Mr. P K Sharma.
The latest amendment has increased the Min. Bonus amount as well as the wages ceiling. In any case, min. Rs.7000/- to be paid as Bonus if not eligible for higher bonus.

Hello Everyone,
I have joined as HR Executive recently. One employee has joined in August 2016. His salary is 12k(10k+2k). 2k is variables. That he will get after completion of his probation.Will he eligible for bonus? If yes, how much and When?? On this Diwali ? I don't know when my company is giving bonus? I have no idea about bonus. So please someone help me. If I have asked a silly question then please suggest me. Thanks in advance.
Regards,
Gayatri

Case 1: In case salary/wages below Rs7000/ if we will pay bonus as per actual wages,
Case 2: in case salary/ wages above Rs7000/ if will pay bonus as per minimum wages,
Then where we will put 7,000/-?
According to new amendment in bonus act it clearly says the payment of bonus will be on Rs7,000/- or minimum wages fixed by the appropriate government whichever is higher.
It is my perception and I request seniors to put some light on this.

suppose central rate for SW,SSW & USW accordingly 570, 481 & 370 .then basic wages will like 26*570=14820,481*26=12506 & 9620 in this circumstance boins will calculated on this basic wages or calculated on 7000.
plz reply our experts.
Mukesh Kumar
IR Manager.