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Bonus Payment - Eligible Salary


Dear Thiru, Your statement is correct if the salary is in accordance with the definition of the Payment of Bonus Act, 1965. Regards, R.N.Khola
From India, Delhi
Dear Sir
I want to know what is the eligibility salary for bonus, every body says here that 10000/- basic + da is eligible for bonus. an employee whose basic + da is exceeds 10000/- is not eligible for bonus
Please clarify 10000/- is basic + da or Gross salary
but some says 3500/- salary is eligible for bonus
which is correct 10000/- or 3500/-
Thanks
Hariharan
From India, Madras
YES u r right sir if employee have more than 10000 rs bais salary he can’t claim bonus.
From India, Delhi
See friends my basic salary 6000 and i what i need is how much will i get as bonus for the upcoming year.
From India, Chennai
Dear Ramiszaro,
As your Basic is less than 10,000 in this regard bonus will be calculated treating the salary as 3,500.
so the bonus will be:-
3500*8.33% or 20%*12
The percentage of bonus will be decided by your company.
From India, Jamshedpur
Dear Sir,
Need your help, pls clarify.
My company giving Bonus One month gross and calculation done as per calendar year Jan-Dec to all Junior to Senior level above 21K limit also.
Is there any changes is required or it is fine as we are already giving Bonus more than 7,000/-.
From India, Chennai
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India, Bangalore
15 October 2009 02.42.01 AM
Views: 13300 Replies: 15 Appreciations: 2
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