What is the formula calculation of bonus under Rowan plan?

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Bonus Bill was introduced in the Parliament The Bonus Formula: '11872020 'The Payment of Bonus Act, 1955

7000, the bonus calculation is calculated using the formula: Bonus = Salary x 100 If the salary of an employee is more than Rs 7000 BONUS TO REWARD HIGH PERFORMANCE STATES — [ IN GENERAL - The FORMULA FOR MEASURING STATE PERFORMANCE - Not later than 1 year after the date

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