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Manoj gulapala
1

Can anyone explain the bonus act minimum bonus and maximum bonus eligibility?
From India, Hyderabad
smdharanimano
4

Hello Manoj,

You can pay 8.33% of the salary as bonus .it depends on the profits earned by the company. based on the profits the bonus percentage rate may vary from 8.33% - 20%. refer the amendment of Bonus Act.
Salary means - BASIC+DA ( comply with Minimum wages)

From India , Pune
Attached Files (Download Requires Membership)
File Type: pdf Bonus act amendment gazette.pdf (85.9 KB, 42 views)

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