bonus formula
How is Bonus calculated? % on Basic or Gross and what is the
bonus formula
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bonus formula The Full Bench of the Labour Appellate Tribunal established a bonus calculation formula in 1950 In 1959, a demand was made to change the formula It was Suppose there is a company that wants to issue bonus shares to its existing shareholders The shareholders falling under the category of paid-up shares is, say Employees and employers not to be precluded from entering into agreements for grant of bonus under a different formula It is provided that