Menu
Bonus payment
Dear Experts
Pranam to all. Here is a doubt about payment of bonus act. My gross salary is Rs. 27000 and basic and DA is Rs. 9450 (i.e. 35% of gross).
Could you please confirm me whether I am eligible for bonus or not. If eligible, what amount of bonus I may ask. Please guide
Replies (1)
Hi,
As per Payment of bonus (Amendment) Act,2015, if your basic salary is less than Rs.21000 than you are eligible for bonus.
Once you are eligible the bonus amount is Rs.7000 or Minimim wages of the respective state whichever is higher.
Recent Topic
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
- SBI gold bond interest
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
Related Topics
CAclubindia
