Bonus

Labour & Industrial 1092 views 2 replies
A employee whose salary is Rs. 9500/- per month how much bonus he will get.
Replies (2)

The maximum bonus as per payment of bonus Act, to an eligible employee who has crossed salary of Rs 3500, but not crossed Rs 10000, is Rs 8400.

what if comapny pays bonus more than  Rs 8400 per employee.

will it be disallowed in income tax


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