Sir/Mam, Kindly provide latest amendment in bonus act. 'm confused in calculating bonus. Kindly provide the information.
From India, Bangalore
From India, Bangalore
If Basic +DA ( Wages / Salary ) <=10000 then take this as Rs. 3500 per month as the person will be eligible for Bonus.
So eligible employee would get bonus on paid days by the employer ( Including all leaves, Hodidays etc.) paid by the employer
For worker
If present day in month July is 26 days then bonus would be
(3500/26*26)/12=3500 ( 26 days are actual days in the month of July)
( 12 is month in Year as per Bonus Act)
From India, Pune
467So eligible employee would get bonus on paid days by the employer ( Including all leaves, Hodidays etc.) paid by the employer
For worker
If present day in month July is 26 days then bonus would be
(3500/26*26)/12=3500 ( 26 days are actual days in the month of July)
( 12 is month in Year as per Bonus Act)
From India, Pune
Dear Prashant,
one of my senior said that bonus calculated only 8.33%, so we are calculated bonus on basic salary only 8.33%, but your calculation is different can you explain me briefly. Iam requesting you,
From India, Hyderabad
one of my senior said that bonus calculated only 8.33%, so we are calculated bonus on basic salary only 8.33%, but your calculation is different can you explain me briefly. Iam requesting you,
From India, Hyderabad
Dear All, Will any body tell me about the Bonus amedment, which cealing will be 15000 and 5500 and rate of % 11. Plz give me right information about this. Rajesh Kumar
From India, Bangalore
From India, Bangalore
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Amendment to Payment of Bonus Act 2015.jpg
Bigger bonuses for more as Lok Sabha amends Payment of Bonus Act - The Economic Times.pdf
THE PAYMENT OF BONUS ACT.doc