Select Location

Bonus is calculated on Basic or gross salary?

As per the amendments of Bonus act 2015. Bonus is calculated on 7000(ceiling) or Minimum wages whichever is higher. Pls advice which one to consider for Bonus calculations in below mentioned eg. Basic - 7000 Gross - 14000 Govt limit - 7000 Minimum wage - 12000 thanks in advance.
0 likes
3 answers
Employment
Posted on 30th Aug, 2018
Advocate
Answered on 30th Aug, 2018
Hi, You will get it on Minimum wage i.e. 12,000.
0 Comments
You need to be logged in to comment
Advocate
Answered on 30th Aug, 2018
Hi. Please be informed that Because gross is more than ceiling then no bonus eligibility.
0 Comments
You need to be logged in to comment
Advocate
Answered on 30th Aug, 2018
Hello Client, For Bonus purpose - defination of salary/wages includes following factors and not only Basic+DA, so please be aware it is not counted only on Basic and DA. It will be counted on your gross income. Percentage is to be decided by the organization as they make profit. Let me know incase of further clarification. Thanks
0 Comments
You need to be logged in to comment

Related questions

my company terminated me in a wrong way what should i do?

i was working with daniel wellington brand at there store and the hr terminated me in a wrongful manner.help me.
0 likes
0 answers
Employment
Posted on 18th Oct, 2019

Sir, A person who joined bank as a clerk and now is promoted to scale 3 senior manager. Can he be de promoted to clerk again under te law for his lapses.

Sir, I want to know the course of natural justice. It is right that a person joined in the cadre of clerk but after promotion his cadre is changed and he is governed by rules of changed cadre. He must not be allowed to be de promoted to the scale of his previous cadre . That's the natural law in my opinion sir. Comments from expert please.
0 likes
0 answers
Employment
Posted on 27th Sep, 2019

Temination from job because of character certificate -criminal case (dhara 147, 149)

Since 2017 criminal case(dhara 147, 149) is running on me. sir i have proof ( vedio clip) that i am not guilty & in FIR original my name is not included. In 2018 I am selected for teacher job. During joining I gave them shapathpatra because of unavailability of police verification. Acording to shapath in 15 day I deposited police verification. Then department said that the info of criminal case is hidden by you. Now 11 months complete of my job but meanwhile a order come from from department whose police verification is not normal their job is finished. Sir how can I save my job.
0 likes
0 answers
Employment
Posted on 23rd Aug, 2019
Find the best lawyers/advocates and book legal services.