Bonus is 8.33% of basic plus DA but restricting it to 3500/-
Bonus provision means to create provision for future uncertain liability.which we have to pay next year or further.it is like provision for exp which we create for that exp. Which are unexpected but there is possibility that at any time in future we have to pay.
The factors that can limit the provision of transport facilities are economic, social, political, and environmental.
The basic salary deferral limit for 2012 is $17,000. The catch-up provision for those 50 and older is an additional $5500.
There is a maximum weight limit for parachuting. The maximum weight limit for tandem students is 220 lbs., and the maximum weight limit for AFF students is 240 lbs.
There is no universal maximum limit for investing in forex trading.
99
The maximum speed limit.
There is no maximum age limit for the post of President of India
there is a maximum yearly contribution limit
there is a maximum yearly contribution limit.
no age limit!
there is no minimum limit of CRR in India but the maximum limit is 15%