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Dear all, I am new to this site; I hope I will get lot of knowledge from you all. Please let me know the ceiling limit of Bonus. Happy Dasara / Vijayadashmi.:) Yours, Vidyaranya.
From India, Bangalore
Dear Vidyaranya
Welcome aboard. Ceiling limit of Bonus is Rs.10000/-. Calculation is as fallows if basic is Rs.3500/- or above
3500*No of months*(8 to 12)%
Incase Basic is less than Rs.3500/-. For e.g. Rs.3400/- then the calculation is as fallows
3400*No of months*(8 to 12)%
Incase of any clarifications kindly revert.

From India, New Delhi
Dear Prathima,

Thanks for valuable information, I think below mentioned formula (in excel sheet) will be easy to calculate Bonus;- "=IF(basic+DA>=3500,3500,IF(Basic+DA<=3500,(Basic+ DA*8.33%)*No of month)", please comment.

Regards,
Vidyaranya.

From India, Bangalore
Hi All, I just joined to this valuable forum, I just want to know what is the Process and Procedure like formation and Registration of a Company, kinldy help me in this regard. thanks Suresh
From India
Very good PPT about bonus calculation after notification of wage celing of Rs 21000/-
From India, Mumbai
Attached Files (Download Requires Membership)
File Type: pptx Bonus-Act-2016 (1).pptx (958.3 KB, 404 views)

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