I need clarification on the amendment of the Bonus Act 2010, specifically whether the ceiling has been increased from Rs. 3500 to Rs. 5000. If so, can anybody please help me by sending a copy of the approved amendment?
Regards,
Ravi
From India, Bangalore
Regards,
Ravi
From India, Bangalore
I believe your post is about the salary for bonus calculation. The ceiling salary for bonus eligibility remains at Rs. 10,000, and the salary for calculation purposes is Rs. 3,500.
Regards,
Abbas.P.S
From India, Bangalore
Regards,
Abbas.P.S
From India, Bangalore
Is this 10,000 based on his total salary amount or on his basic salary is he eligible for bonus
From India, Ernakulam
From India, Ernakulam
There has been no recent change in the bonus limit. It may change with midi government push on about reforms. But don’t hold your breadth
From India, Mumbai
From India, Mumbai
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