Excel To Calculate Allocable Surplus And Available Surplus As Per Bonus Act

Ok, Siva!! :lol: I'll wait for your reply regarding the calculation of allocable surplus, available surplus, set-on, and set-off, etc. Can you please explain all these things with an example? Kindly explain with an example as you have done earlier.Thanks,Akshita...

How to calculate bonus as per the Bonus Act of 1965?–-I have corrected the spelling and grammar errors in the user's input and ensured proper paragraph formatting.

Hi,It is a big subject, and I need to refresh. It will take a few days. I will soon give a simple example for available surplus and allocable surplus. Bear with me for a week.Siva

Hi,It is not calculated based on the number of days worked; it is calculated on the wages earned. I will provide an example for your question:Wages Basic per month: Rs 10,000/Worked days: 250Assume he has availed paid leave: 13Paid Holidays: 7Total wages earned ...

Hi,What exactly do you want to know? Do you want information about Allocable surplus and Available surplus? Or are you interested in understanding how to calculate the bonus after declaring the percentage?Siva

Dear team,Please clarify the difference between allocable surplus and available surplus with examples.Regards,Diksha

I will request to read the Payment of Bonus (PB) Act in detail where Available Surplus, Allocable Surplus, Set On, Set Off, etc., are explained in different sections. Moreover, the schedule explains how the 4-year movement of Set On and Set Off takes place, also...