Computation of bonus

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What will be the amount of  bonus  for Mr. A for six months in the following situation:-

Salary of Mr. A:

Month                   Salary                      Working days in the month

April                       8200                                        30

May                        8200                                        31

June                      8200                                        30

July                        8200                                        31

August                  8200                                        31

Sept.                     4100                                        15

Rate of bonus : 8.33%

Replies (1)

It should be 8.33% of tatal salary,assuming the salary has no components like HRA,CCA,Onveyance etc,.and that is Rs 3757/-.

If it has other components,other than Basic salary, such things have to be excluded for computation off bonus.

KKM

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