How Statutory Bonus is calculated? Is it calculated on Basic+DA or Gross?

Can someone explain how Statutory Bonus is calculated? Is it calculated on Basic+DA or Gross (which includes all allowances)? Please share an example.

I would kindly request the questioner to refer to the definition of the terms "salary or wage" under section 2(21), payment of minimum bonus under section 10, and payment of maximum bonus under section 11 of the Payment of Bonus Act, 1965 respectively. First, familiarize yourself with these sections and then raise any doubts relating to the calculation of statutory bonus.

If the minimum wage is less than 7000 rupees, for example, 6500 Rs., in this case, what amount should be paid to the employee as the minimum bonus? Kindly suggest me in this regard.