Bonus calculation framework explains carry forward of set on and set off between accounting years. Bonus computation under the labour laws rules is illustrated by an appendix table showing how available surplus is allocated as bonus and how set on and set off are carried forward across accounting years. The table assumes a minimum bonus of 8.33 per cent of annual salary or wage and a maximum bonus of 20 per cent, then traces year-wise bonus entitlement, excess surplus carried as set on, and shortfall adjusted through set off.
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Provisions expressly mentioned in the judgment/order text.
Bonus calculation framework explains carry forward of set on and set off between accounting years.
Bonus computation under the labour laws rules is illustrated by an appendix table showing how available surplus is allocated as bonus and how set on and set off are carried forward across accounting years. The table assumes a minimum bonus of 8.33 per cent of annual salary or wage and a maximum bonus of 20 per cent, then traces year-wise bonus entitlement, excess surplus carried as set on, and shortfall adjusted through set off.
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