KANWALJIT SINGH (cs) (29 Points)
27 March 2017
NEHA AGARWAL
(MANAGER ACCOUNTS & FINANCE)
(44 Points)
Replied 27 March 2017
Person having salary more than Rs. 21000/- is not eligible for Bonus @ 8.33%. instead of it company can provide performance bonus on his own choice.
any minimum bonus will be 8.33% of Rs. minimum wages of Rs. 7000/- if salary is lower than Rs. 21000/-....
KANWALJIT SINGH
(cs)
(29 Points)
Replied 27 March 2017
if salary is 15000 then we will calculate bonus as per 15000 pm or minimum ceiling 7000/- pm
KANWALJIT SINGH
(cs)
(29 Points)
Replied 27 March 2017
| Originally posted by : NEHA AGARWAL | ||
 |
Person having salary more than Rs. 21000/- is not eligible for Bonus @ 8.33%. instead of it company can provide performance bonus on his own choice. any minimum bonus will be 8.33% of Rs. minimum wages of Rs. 7000/- if salary is lower than Rs. 21000/-.... |
 |
NEHA AGARWAL
(MANAGER ACCOUNTS & FINANCE)
(44 Points)
Replied 28 March 2017
YES KANWALJIT YOU ARE RIGHT........... BUT IT IS MAXIMUM LIMIT............ WE HAVE TO PAY MINIMUM BONUS OF 8.33% OF RS. 84000/- I.E. 6997/-
Rahul Babhale
(article)
(55 Points)
Replied 04 April 2017
IF WAGES LESS THAN 7000 THEN HOW TO CALCULATE BONUS? PLS
KANWALJIT SINGH
(cs)
(29 Points)
Replied 05 April 2017
CAclubindia
