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Dear Friends,Please see the enclosed statement for Bonu Provision made easy, based on this statement you can make the bonus provision of the employees. As per the ammendment of Bonus act the cealing limte is Rs. 10,000/-, minimum is 8.33% . Based on the management interest the above cealing limite employees will be consider their bonus as Exgratia Payment. That payment may not cross Rs. 10,000/-.Regards,PBS KUMAR
From India, Kakinada
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File Type: xls BONUS_PROVISION_2007-08.xls (66.0 KB, 535 views)

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