If anyone gets a salary @ Rs.28000/- per month is he/she eligible for a Bonus payment?
From India, Haldia
From India, Haldia
If out of this Rs 28000, the basic and dearness allowance constitute equal to or less than Rs 21000, then he should be paid bonus. You cannot take Gross salary for excluding him from Bonus etc and take only the basic pay for deciding the amount payable towards provident fund, gratuity etc.
From India, Kannur
4246From India, Kannur
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Salary-Note.doc
SALARY SHEET CALCULATION.xls