Bonus

ars (Querist) 22 April 2014 This query is : Resolved
there are varied views on whether to consider only basic pay or the gross remuneration for arriving at the eligibility of payment of bonus to the employees.

kindly advise whether to calculate the gross salary or only the basic salary should be considered under payment of bonus act ?

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V R SHROFF (Expert) 22 April 2014
basic + da

Kumar Doab (Expert) 22 April 2014

Basic+DA as rightly advised by Mr. Shroff.

Employer can offer superior benefits!

Rajendra K Goyal (Expert) 22 April 2014
Agree, it is basic + DA.

T. Kalaiselvan, Advocate (Expert) 24 April 2014
As rightly advised by experts, it is generally the basic pay with DA which are taken into consideration for calculating the bonus.

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