Dear Rahul-Zope,
There is no State wise minimum wage rule for Bonus calculation.
As per POB Act, bonus is calculated on minimum wages fixed by the government or on 7000 whichever is higher.
Dear Rahul
As per the amendment on the Payment of Bonus Bill passed in 2015, when wages or salary exceeds ₹7000 or the minimum wages fixed by the government, bonus will be payable on ₹7000 or the minimum wages as fixed by govt., whichever is higher. What is Non Government Organization means.
Thanks & Regards,
Sumit Kumar Saxena
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