Payment of bonus

SARAVANA (Querist) 23 October 2018 This query is : Resolved
Whether bonus should be calculated from BASIC+DA or Gross salary

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KISHAN DUTT KALASKAR (Expert) 23 October 2018
Calculation of Bonus as per Bonus Act (Amendment of 2015)

If the gross earning of your employees is below Rs.21000 you are eligible to pay bonus. Calculation of bonus will be as follows:

If Basic+DA is below Rs.7000 then bonus will be calculated on the actual amount.
If Basic+DA is above Rs.7000 then the bonus will be calculated on Rs.7000.

https://www.saralpaypack.com/blogs/payment-of-bonus-act/

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