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Bonus calculations

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(Querist)
25 October 2013 Is Salary Rs.25000/- P.M. allowable for bonus?

If yes, how to calculate.
If no, then conditions?
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ANIL SULEGAI PREMANATH

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ANIL SULEGAI PREMANATH (Expert)
28 October 2013 Bonus is usually given as 1 month salary. Some firms may even pay 2 months salary as bonus.
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
28 October 2013 As per Bonus Act,

Eligibility of Bonus :

Employees drawing wages upto Rs.10000/- per month or less,

An employee will be entitled only when he has worked for 30 working days in that year. Sec. 8
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