CALCULATION OF BONUS

What about the loss in financial year,if loss is there in 2007-2008can we pay min.bonus because there was profit in last year 2006-2007 and given 13% Bonus.

What about the loss in financial year,if loss is there in 2007-2008can we pay min.bonus because there was profit in last year 2006-2007 and given 13% Bonus.

dear sir,

can we disburse the bonus on monthaly basis (if bonus is linked with production). its urgent

thanks

manish 

dear sir,

can we disburse the bonus on monthaly basis (if bonus is linked with production). its urgent

thanks

manish 

Hi

Its upto the management to dedice if production related bonus (performance bonus) be paid monthly or otherwise. I understand that there should be no objection for production linked bonus / performance based bonus being paid monthly - which duly reflects in the pay records.

-Saravana Rajan

Hi Please confirm me, that limit is increased from 10000 to 21000. and calculation limit is 3500-7000.

but Please tell me , if any body getting salary in hand 28000(16000 Basic+6000 HRA+6000 Convey. Allow.). How we can calculate the bonus for that employee. Please help me to calculate procedure.