Bonus Calculation - Minimum Salary

Dear Seniors,
Regarding Bonus calculation :
It has been said that minimum 8.33% to max 20 % can be paid as bonus.
I've a doubt regarding this 3500/-
Say if an employee's basic salary is 6000/-, considering full attendance : 6000*12*8.33% - his bonus amount will be 5998/-.
How it has to separated as bonus and ex-gratia.
Regards
G.G.Deepa

Calculation is as follows:
Case 1:
Maximum wage ceiling for bonus calculation is Rs 3500/- per month,
Minimum bonus: Rs 3500 x 12 x 8.33%: Rs 3500/-
Minimum bonus: Rs 3500 x 12 x 20%: Rs 8400/-
Case 2:
If wage is less than Rs 3500/-, for example: Rs 3000/- per month
Minimum bonus: Rs 3000 x 12 x 8.33%: Rs 3000/-
Minimum bonus: Rs 3000 x 12 x 20%: Rs 7200/-
Thanks & Regards
MV.Babu

Calculation is as follows:
Case 1:
Maximum wage ceiling for bonus calculation is Rs 3500/- per month,
Minimum bonus: Rs 3500 x 12 x 8.33%: Rs 3500/-
Max bonus: Rs 3500 x 12 x 20%: Rs 8400/-
Case 2:
If wage is less than Rs 3500/-, for example: Rs 3000/- per month
Minimum bonus: Rs 3000 x 12 x 8.33%: Rs 3000/-
Max bonus: Rs 3000 x 12 x 20%: Rs 7200/-
Thanks & Regards

Dear GG.Deepa and Vinay .M,
Thanks and appreciate for the Question and replly by GGD.
In addition, Maximum Basic Limit for Bonus calculation is Rs.10,000/ per month. It means employees drawing more that Rs.10,000/ Basic Salary are not eligible for Bonus.
However most of the organisations are giving Bonus to such employees also whoes Basic Salary is more than Rs. 10,000/- .but they are treating it as as Eg-gratia
Thanks

Hi Vinay
What if the Minimum wages are more than 10000/- or 9000/-
Pls help to calculate bonus in both the above cases.
Regards
Monika

dear monika,
If your basic is more than 10000/- then you are not liable to take the bonus and for 9000/- baisc you can calculate as said above.

Dear Monika,
as per the rules of Bonus Basic is above 3500 then bonus is not mandatory to give emp. then it will give them Ex Gratia bonus that is up to you. as per my company give Ex- Gratia bonus to emp. bonus amount should not goes to Basic salary per month (if my basic is 7200 per month then my Ex-bonus is 500per month then annual bonus is 6000)

Hi Deepa,
please see the below calculation for your reference
Bonus : Rs. 3,500
Ex-gratia : Rs. 2,498
Total : Rs. 5,998
Regards,
Vinay.M