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3:01
YouTube
Infomania - Govt Rules and Admn
How to calculate Bonus as per Payment of Bonus Act: explained by Deepak Kapoor
How to calculate bonus? 🧾 1. Legal Basis – Payment of Bonus Act, 1965 Employee must have worked at least 30 days in that year. Eligibility Limit (whether an employee is eligible to receive a statutory bonus) The Payment of Bonus Act, 1965 applies to eligible employees earning wages of ₹21,000 or less per month (Basic + Dearness Allowance ...
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💸 Tax hack most people don’t know!! You can pay your taxes with a credit card 👀 And if you open a card before tax time, you can use that payment to hit the sign-up bonus fast. ✔️ IRS allows it ✔️ Counts as regular spend ✔️ Earn cash back / points / travel ⚠️ There’s a small processing fee — but if the bonus is worth more than the fee, you’re coming out ahead. 🚨 KEY RULE: Only do this if you can pay the card off IN FULL. This is how people turn taxes into free money, flights, or cash back inst
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