What will be the amount of bonus for Mr. A for six months in the following situation:-
Salary of Mr. A:
Month Salary Working days in the month
April 8200 30
May 8200 31
June 8200 30
July 8200 31
August 8200 31
Sept. 4100 15
Rate of bonus : 8.33%
1 Replies
Kolluru Krishna Murty
(Partner)
(315 Points)
Replied 02 January 2012
It should be 8.33% of tatal salary,assuming the salary has no components like HRA,CCA,Onveyance etc,.and that is Rs 3757/-.
If it has other components,other than Basic salary, such things have to be excluded for computation off bonus.
KKM
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