Dear Lata, First of all any organization is needed to determine the % of bonus as per PB Act based on gross profit, available surplus, allocable surplus, set on and set off. After that the individual employees calculation to be made based on actual Basic & DA, if actual Basic and DA is 7000/- or more then on the basis of minimum wages or 7000/- which ever is higher. Individual will receive bonus amount best on actual number of days work in the year.
Thanks and regards,
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions,