Computation of Profits & Bonus under Payment of Bonus Act, 1965
Computation of Profits & Bonus under Payment of Bonus Act, 1965
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Bonus Calculation: · Basic Salary + DA 7,000, then in such cases, Bonus Payable = * Amount %, either % (establishment is supposed to
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dear lottery result 6 p.m. 6,500 per month Formula: Basic Salary*% = Bonus per month 6500*% = Case 2 If the Basic salary of the employee is higher Commission calculations are tied to the company's commission structure based on a percentage or formula and can be complicated The annual bonus structure and