udayb441
My salary components includes basic pay, dearness allowance, special pay, hra, conveyance allowance. To calculate eligibility for bonus, what all components are included ?? should special pay be considered for bonus calculation and pf calculation? Please give reasons also.
From India, Visakhapatnam
Srinath Sai Ram
610

If your Gross Basic Salary+Dearness Allowance+variable Dearness Allowance is Rs21,000/- & below, you come under the purview of The Payment of Bonus Act,1965.Other Allowances mentioned by you do not come under the Definition of Salary as per the Act
From India, New Delhi
Nishchitha88
My basic pay is less than 10,000 and gross is above 21,000. Am I eligible for bonus?
From India, Bangalore
jagadeeshhrm@GMAIL>COM
3

Yeah, You are eligible to get the Bonus...
From India, Tirunelveli
Nishchitha88
Is bonus is calculated on basic or gross?
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.