bonus limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 October 2010 Dear all experts

Can someboday tell that what is the latest bonus limit? and how it should distribute?

Thanks
Sunil

25 October 2010 Mandatory Salary limit for Bonus eligibility : Rs. 10000/- per month.

Salary for Bonus calculation : Rs. 3500/- per month

Minimum bonus to pay : 20 % of Rs. 3500/- per month.

25 October 2010 AGREED




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