Bonus calculation
Rohit (student) (58 Points)
25 July 2016
For calculation of bonus under bonus act which basic salary should I take if it is changing after every month.
3 Replies
CA Amrita Chattopadhyay
(Audit & Assurance)
(13459 Points)
Replied 25 July 2016
Generally the basic salary does not change every month. It is the allowance which keeps on changing. If the basic salary is changing every month, consider the average of basic salary for the purpose of calculation of bonus
Amit Kanunga
(Article Assistant and Post Gradute)
(644 Points)
Replied 12 August 2016
u should take the average salary of the year.
ans also basic salry must not change every month
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