Re:
Dear Abhilasha,
As per the latest amendment in the Bonus Act, the eligibility for the Bonus is as under :
It is applicable to those who are drawing the wages less than Rs. 10000.00 per month.
Minimum Limit for the Bonus is 8.33% and maximum is 20%.
Minmum Bonus @ 8.33% for the employee drawing wages more than Rs. 3500.00 and less than Rs. 10000.00 will be Rs. 3500.00 as the Act.
For the Employees drawing wages less than 3500.00 per month will be paid on actuals.
hope this will clear your query.
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