This page is read only. You can view the source, but not change it. Ask your administrator if you think this is wrong. ^ Section ^ Condition | Remark | | Section 2(13) | Who is covered | Any employee whose salary or wage is not more than 21000 per month | | Section 2(21) | What is Salary | Basic Salary Plus DA (by whatever name called) | | Section 10 | Minimum Bonus | Minimum bonus of 8.33% of previous years salary | | Section 11 | Maximum Bonus | If allowable surplus is more than minimum bonus then higher bonus max of 21% of salary to be paid | | Section 12 | On what amount bonus to be given | If salary is more than Rs 7000 per month or more than minimum wages then for bonus salary to be considered is 7000 or minimum wages whichever is higher. | | ection 4, Section 5, Section 6 | Available surplus how calculated | Adjustment to Net Profit as per Schedule II |