Wage Limit For Bonus - Doc Download

pls let me know about wage limit for bonus rk
16th October 2006 From India, Pune

Wage limit for bonus is 3500/- as rightly said.
But Further Please note : in case of an employee receving salary or wages between Rs. 2500/- and Rs. 3500/-; the bonus payable to him is to be calculated as if his salary or wages were Rs. 2500 PM only. Sec 12 . of Bonus Act
Regards
sudien
18th October 2006 From India, Mumbai

dear HR’S iam Sreenivas Working as Asst HR, Bonus Act Amended in 2007 Sree
11th January 2008 From India, New Delhi

Attached Files (Download Requires Membership)

sreemba_836.doc (43.0 KB, 283 views)

Dear All, can you please let me know, what is the minimum limit of wages for Bonus and what is the % which a company has to pay the the employees. Jagdish Pathak # 9811488664
17th July 2009 From India, Gurgaon

dear
wage limit of bonus is revised and now if an employee basic+DA is less than 10000 per month than he is entitle for bonus however calculation will be done on 3500.it means the employees having basic+DA from 3500 to 10000 will get the same bonus.
regards
j s malik
17th July 2009 From India, Delhi

Dear Mr Malik,
Thank you very much for your valuable response, but here a small query. If an employee is getting INR 6000/= (Basic+DA), in that case bonus will be calculated 8.33% on 6000/= or we will pay Fixed 3500/=
Please help.
Regards,
Jagdish Pathak
20th July 2009 From India, Gurgaon