As per THE PAYMENT OF BONUS ACT, 1965, Employee means any person(other than an apprentice) employed-On a salary or wage not exceeding Rs. 10,000 per mensem in any industry,
Salary or wage- means all remuneration(other than remuneration for overtime) in terms of money, which would, be payable to an employee in respect his employment or of work done, dearness allowance, i.e., all cash payments, all free food allowance or the value of the free food given by the employer, retaining allowance, all lay-off compensation, city compensation allowance subject to a contract to the contrary.But the term excludes the value of any house accoommodation or of supply of light, water, medical attendance or other amenity or of any service or of any concessional supply of foodgrains or other articles and many more. If u want more explanation go and section 2(21) of the payment of bonus act,1965.