Bonus

MOHAMED SALIM (SENIOR FINANCE EXECUTIVE)   (64 Points)

30 May 2018  

Sir,

 

My drawn Gross Salary Rs.34000/-

Break up is Basi 40% - Rs.13600, DA - 20% - Rs.6800, HRA-15% - Rs.5100/-, Other Allowance-35% - Rs.8500/-

I understood as per bonus act, the salary exceed Rs.21000/-, the employee not eligible for bonus.

Threshold Limit - Rs,21000/-  Whether the Gross Salary or Basic+DA.

Thanks for information