Understanding the Latest Bonus Act Rules: What's the Maximum Salary Limit?

jayadeepkumark
What are the latest rules as per the Bonus Act?

What is the maximum limit of salary?
manojkamble
Dear Jajadeep,

For your reference, attached herewith is a copy of the latest gazette issued by the Government. Hopefully, this may be helpful to you.
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sunil-kumar1
Can anyone clarify if someone has a basic salary of Rs. 21,000/-, are they not eligible for a bonus, or will they be eligible for ex-gratia based on the company's profit?

Thank you.
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