Please find attached herewith all the formats as provided under the Payment of Bonus Rules.
Bonus is calculated on the basic salary. The minimum % to be given as bonus would be 8.33% and Maximum % would be 20%. Anything given above 20% is caled as exgratia payment.
Attach herewith Form D (Bonus Return).
Soft copy of Form “D” as per Karnataka Labour Welfare Fund’s Annual Return.