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Bonus Payment for Employees - Payment of Bonus Act in India ...

Eligibility: Every employee not drawing salary/wages beyond Rs. 10,000 per month who has worked for not less than 30 days in an accounting year, shall be eligible for bonus for minimum of 8.33% of the salary/wages even if there is loss in the establishment whereas a maximum of 20% of the employee’s salary/wages is payable as bonus in an accounting year. However, in case of the employees whose salary/wages range between Rs. 3500 to Rs. 10,000 per month for the purpose of payment of bonus ...

2021 Salary And Bonus in India - Emolument

The highest paid India are Agriculture & Forestry professionals at $39,000 annually. The lowest paid India are Services, Tourism & Hospitality professionals at $7,300.

Bonus Declared By Companies, List Of Companies Issing Bonus ...

Bonus Ratio. DATE. Announcement. Record. Ex-Bonus. Godawari Power. 1:1: 14-09-2021: 27-10-2021: ...

All You Need to Know About the Payment of Statutory Bonus ...

If Salary is more than Rs. 7,000/- then the bonus is calculated on Rs. 7,000/- by using the formula: Bonus = 7,000 x 8.33/100 Note : Salary means Basic Salary + Dearness Allowance Example 1: If Bella’s Salary is Rs. 6000/- than bonus payable to Bella shall be = 6000 x 8.33/100 = 500 per month (Rs. 6000/- per year).

WHAT IS STATUTORY BONUS CALCULATION | Wisdom Jobs India

The statutory bonus in India is paid according to the bonus payment law (1965). The bonus is a deferred benefit, and some companies choose to pay it in advance. The bonus rate is between 8.33% and 20% depending on the "surplus available" mentioned in the law.

List of Companies Issuing Bonus Shares in India - October 2021

Here are 3 companies that will issue bonus shares or go for a stock split soon: Affle India; Affle India announced a 5 for 1 stock split on August 26 i.e. if you have 10 shares, you will have 50 shares after the stock split.

apple india: Apple offers 20% bonus in India for adding money ...

Users are being notified about a 20 per cent bonus when adding funds to an Indian Apple ID account, citing a developer on Twitter, 9To5Mac reported. According to Apple, the offer is valid through ...