Please share the your knowledge about statutory bonus because I want to know how to calculate the statutory bonus as per the compliance norms.
For example :
Please find the CTC structure of XYZ employee so how much amount will be come in to “STA BONUS” ???
Also please refer the attached sheet for your reference.
Basic - 15000
HRA - 750
Con - 1600
Medi - 1250
Sta Bonus - ????????
Other - 500
Gross Salary = 19100
PF Employer - 1800
PF Admin - 75
EDLI - 75
ESIC - 907
Total Ded - 2897
PF Employee - 1800
ESIC Employee - 334
PT - 200
Total Ded - 2334
Net = 16766
CTC - 21957
For example :
Please find the CTC structure of XYZ employee so how much amount will be come in to “STA BONUS” ???
Also please refer the attached sheet for your reference.
Basic - 15000
HRA - 750
Con - 1600
Medi - 1250
Sta Bonus - ????????
Other - 500
Gross Salary = 19100
PF Employer - 1800
PF Admin - 75
EDLI - 75
ESIC - 907
Total Ded - 2897
PF Employee - 1800
ESIC Employee - 334
PT - 200
Total Ded - 2334
Net = 16766
CTC - 21957