Bonus calculation in india
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You must be logged in to post a comment. No Related Sample Formats. 4.Multiply the yearly sum of salary thus worked out as per above clause 3 with rate of bonus. The figure is bonus payable to employee under the act. Please send me Bonus forms A,B,C,Din excel format with example (calculation)
5. Payment is to be made on Register prescribed under the act. 5 comments – What do you think? Posted by Hrformats – October 14, 2013 at 11:21 AM Please find the attached file for bonus Calculation. 2. Eligibility: Bonus under Payment of Bonus Act, 1965 is required to be to employees whose salary (Basic) is of less than Rs.10000.00 per month during the accounting year for which bonus is to be paid. 3. Bonus is to be calculated for eligible employees assuming salary ( Basic) as Rs.3500.00 per month or less, if, it is less then Rs.3500.00
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