07 August 2011
good morning to all expert, can any 1 tell me about bonus calculation. my salary structure are given below. basic- 21007 hra 40%- 8403 transport allowances -800 madical allowances - 1250 gross salary - 31460
07 August 2011
As per bonus act component of bonus is basic salary + D.A only and mininmum 8.33% of above total but company can give maximum upto 20% .
some exception are there if company new established..
07 August 2011
In my knowledge, bonus act is not applicable to employees drawing salary of more than 10000 p.m. while your salary is in excess of the said amount.
Guest
Guest
(Querist)
07 August 2011
but sir my calculation i right or wrong if wrong than what i the right calculation
07 August 2011
Thanks sir. Than Sir When I will Calculation Of Bonus Than I will Include In My salary Only Basic And Da And Not Add Transport Allowances And Madical Allowance.