Dear All,
Requesting you to please revert with your expert views on below query
Employee is entitled to Bonus as per Bonus act and drawing a Bonus wage of Rs. 10000/- per month.
In case he is absent for two days he will get Bonus wage = 10000/30*28 = 9333/- which is above Rs. 7000/-
Now for Bonus calculation for that month will be 7000*20% = 1400/-
Or
7000/30*28 =6533*20% = 1307/-
Please advise which calculation is correct and if you have some supreme court case laws please refer.
Thank you in advance!!!
Requesting you to please revert with your expert views on below query
Employee is entitled to Bonus as per Bonus act and drawing a Bonus wage of Rs. 10000/- per month.
In case he is absent for two days he will get Bonus wage = 10000/30*28 = 9333/- which is above Rs. 7000/-
Now for Bonus calculation for that month will be 7000*20% = 1400/-
Or
7000/30*28 =6533*20% = 1307/-
Please advise which calculation is correct and if you have some supreme court case laws please refer.
Thank you in advance!!!