Sir,
My drawn Gross Salary Rs.34000/-
Break up is Basi 40% - Rs.13600, DA - 20% - Rs.6800, HRA-15% - Rs.5100/-, Other Allowance-35% - Rs.8500/-
I understood as per bonus act, the salary exceed Rs.21000/-, the employee not eligible for bonus.
Threshold Limit - Rs,21000/- Whether the Gross Salary or Basic+DA.
Thanks for information
https://labour.gov.in/sites/default/files/ThePaymentofBonusAct1965.pdf
My Legal Tax Consultants Pvt. Ltd.
Noida
CA Inter
View Details
N J Suresh & Associates
Bengaluru
CA Inter
View Details
RoamPrime Technologies Private Limited
Bengaluru
CA
View Details
Suraj Garg and Associates
New Delhi
CA Inter
View Details
Rohit KC Jain & Co
New Delhi
CA Inter
View Details
Eshwar & Co Chartered Accountants - Nungambakkam
Chennai
CA Inter
View Details
CCI
Pro
CAclubindia
