To Calculate Eligibility For Bonus, What All Components Are Included?

udayb441

My salary components includes basic pay, dearness allowance, special pay, hra, conveyance allowance. To calculate eligibility for bonus, what all components are included ?? should special pay be considered for bonus calculation and pf calculation? Please give reasons also.

Srinath Sai Ram

If your Gross Basic Salary+Dearness Allowance+variable Dearness Allowance is Rs21,000/- & below, you come under the purview of The Payment of Bonus Act,1965.Other Allowances mentioned by you do not come under the Definition of Salary as per the Act

Nishchitha88

My basic pay is less than 10,000 and gross is above 21,000. Am I eligible for bonus?

jagadeeshhrm@GMAIL>COM

Yeah, You are eligible to get the Bonus...

Nishchitha88

Is bonus is calculated on basic or gross?

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