How to to calculate bonus...
basic+DA*8.33%
number of days is relevant while calculate bonus ???
If the gross earning of your employees is below Rs.21000 you are eligible to pay a bonus. Calculation of bonus will be as follows:
If Basic+DA is below Rs.7000 then the bonus will be calculated on the actual amount. • If Basic+DA is above Rs 7000 then the bonus will be calculated on Rs.7000.
CAclubindia
