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Bonus

The document provides an example calculation for an annual bonus based on basic salary and dearness allowance (DA). It shows that an employee with a basic salary of Rs. 5000 and DA of Rs. 1000 would receive a bonus of Rs. 5997.6, which is calculated as the basic salary plus DA multiplied by 12 months and a bonus percentage of 8.33%.

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Debanjan Deb
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33 views1 page

Bonus

The document provides an example calculation for an annual bonus based on basic salary and dearness allowance (DA). It shows that an employee with a basic salary of Rs. 5000 and DA of Rs. 1000 would receive a bonus of Rs. 5997.6, which is calculated as the basic salary plus DA multiplied by 12 months and a bonus percentage of 8.33%.

Uploaded by

Debanjan Deb
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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Bonus=Basic Salary+DA*12*8.

33%
For Example if my Basic salary is 5000 and DA 1000 so how much i'll get bonus
Bonus =5000+1000*12*8.33/100
= 6000*12*8.33/100
= 72000*8.33/100
= 5997.6 RS. Annual Bonus

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