Bonus calculation
This query is : Resolved
30 August 2013
Hi to all,
can any one tell main provisions related to calculation of bonus and exgratia.
like.
3,500 pm is minimum salary n of 8.33% as minimum n max up to 20%.
when exgratia has to be calculated?
can any one tell main provisions related to calculation of bonus and exgratia.
like.
3,500 pm is minimum salary n of 8.33% as minimum n max up to 20%.
when exgratia has to be calculated?
30 August 2013
HI
YOU CALCULATE BONUS MONTHLY BASIS , 8.33% IF BASIC+DA LESS THAN RS.3500 IN CASE GREATER THAN Rs.3500 THEN CALCULATE RS.292 PER MONTH.
THANKS
YOU CALCULATE BONUS MONTHLY BASIS , 8.33% IF BASIC+DA LESS THAN RS.3500 IN CASE GREATER THAN Rs.3500 THEN CALCULATE RS.292 PER MONTH.
THANKS
30 August 2013
OK
IS THERE ANY PROVISION THAT IF BASIC+DA EXCEEDS 10000 PM,EMPLOYEE IS NOT ELIGIBLE FOR BONUS.
WHEN AND WHERE EXGRATIA WILL ARISE?
IS THERE ANY PROVISION THAT IF BASIC+DA EXCEEDS 10000 PM,EMPLOYEE IS NOT ELIGIBLE FOR BONUS.
WHEN AND WHERE EXGRATIA WILL ARISE?
30 August 2013
Yes,
Pl refere: https://www.citehr.com/131327-faq-payment-bonus-act-basic-salary.html
Thanks
Pl refere: https://www.citehr.com/131327-faq-payment-bonus-act-basic-salary.html
Thanks
02 September 2013
hi vaibhav bhai,
from Q6) Salary means.... Basic r Gross
hi vaibhav bhai,
from Q6) Salary means.... Basic r Gross
02 September 2013
hi to all..
wat is meant by exgratia?
wat is meant by exgratia?
02 September 2013
Hey
Salary here refers to Basic Salary.
Thanks
Salary here refers to Basic Salary.
Thanks
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