Bonus
Applicability + calculator.
Not yet verified against an official source
- Applies from
- 20 employeesCode on Wages, 2019
- Eligibility
- Wages of ₹21,000 a month or lessCode on Wages s.26(1); S.O. 4711(E)
- Amount
- At least 8.33% and at most 20% of wagesCode on Wages, 2019
- Calculation base
- ₹7,000 a month or the minimum wage, whichever is higherCode on Wages s.26(2); S.O. 4710(E)