Can any one tell me about the time to pay the bonus? Can I add the bonus in the monthly salary and give it to the employees every month?
How to calculate the bonus? Does it depend on the monthly salary or on the minimum wages of the respective state?
If monthly salary is Rs. 15000/- and minimum wage is Rs. 5800/-. Do I need to pay the bonus 8.33% on Rs. 15000 or Rs. 5800/-?