Forum: ALL DISCUSSIONS (LIST)
19th May 2014, 05:12 PM
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Replies: 18
Views: 16,887
Re: Bonus calucation under Bonus Act
One correction in my previous post is that "C" is not eligible for a bonus. The maximum bonus salary limit is Rs. 10,000. You mentioned that the salary for "C" is more than Rs. 10,000; hence, he is...
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Forum: ALL DISCUSSIONS (LIST)
19th May 2014, 12:48 PM
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Replies: 18
Views: 16,887
Re: Bonus calucation under Bonus Act
Bonus Calculation According to the Bonus Act
As per the Bonus Act, the minimum bonus is 8.33% of the bonus salary limit, i.e., ₹3,500. For Employee A, you have to give a bonus of ₹3,000 * 8.33% =...
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