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Hello All Find herewith the Notification of Government of India Regarding the Bonus ( revised) with effective from 01.04.2014 Nobal
From India, Shimla
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File Type: pdf Payment of Bonus act amemdment 2015.pdf (421.9 KB, 710 views)

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Can anyone tell me if Basic + DA is higher than 7000, then how will we calculate the bonus?

For example, if Basic + DA equals 7400 + 3857 = 11257, then the bonus for a particular month is 11257 x 8.33% = 938, or 7000 x 8.33% = 583.

Please let me know.

From India, BhiwandiBhiwandiBhiwandi
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