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Easy Office

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
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
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.
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CA Navin Jain

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CA Navin Jain (Expert)
25 October 2010 AGREED
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