A employee get Basic + Da is Rs.12000/- then how to calculate the bonus for that employee as per act 8.33 who are get basic + da is below Rs.10000/- then he get bonus Rs.8400/- let clarified
From India, Vellore
6From India, Vellore
whatever be the salary, minimum (8.33%) bonus will not cross Rs. 3500; as per the existing Bonus Act. Abbas.P.S
From India, Bangalore
From India, Bangalore
Here, I've got query regarding the benchmark of INR 3500. Suppose an employee have a gross salary of 20000 then will he be eligible for bonus or not.
Will INR 3500 be the maximum amount as a bonus any employee will get.
From India, Delhi
Will INR 3500 be the maximum amount as a bonus any employee will get.
From India, Delhi
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