Appendix A

[See rules 22, 23, 27 and 28]

In this Appendix, the total amount of bonus equal to 8.33 per cent of the annual salary or wage payable to all the employees is

assumed to be Rs. 1,04,167. Accordingly, the maximum bonus to which all the employees are entitled to be paid (twenty per

cent of the annual salary or wage of all the employees) would be Rs. 2,50,000.

Year Amount equal to sixty per cent. or Amount payable as bonus Set on or Set Total set on

sixty- off of the year or set

seven per cent., as the case may be, of carried forward off

available surplus allocable as bonus carried

forward

(1) (2) (3) (4) (5) (6)

Rs. Rs. Rs. Rs. Of

(year)

1. 1,04,167 1,04,167** Nil Nil

2. 6,35,000 2,50,000* Set on Set on (2)

2,50,000* 2,50,000*

3. 2,20,000 2,50,000* (inclusive of Nil Set on

(2)

30,000 from year-2) 2,20,000

4. 3,75,000 2,50,000* Set on Set on

1,25,000 2,20,000 (2)

1,25,000 (4)

5. 1,40,000 2,50,000* (inclusive of Nil Set on

1,10,000 from year-2) 1,10,000 (2)

1,25,000 (4)

6. 3,10,000 2,50,000* Set on Set on

60,000 Nil + (2)

1,25,000 (4)

60,000 (6)

7. 1,00,000 2,50,000* (inclusive of Nil Set on

1,25,000 from year-4 and 35,000 (6)

25,000 from year-6)

8. Nil 1,04,167**(inclusive of Set off Set off

(8)

35,000 from year-6) 69,167 69,167

(due to loss)

9. 10,000 1,04,167** Set off Set off

94,167 69,167 (8)

94,167 (9)

10. 2,15,000 1,04,167** (after setting Nil Set off (9)

off 69,167 from year-8 52,501

and 41,666 from year-9)

* Maximum.

+ The balance of Rs. 1,10,000 set on from year-2 lapses.

** Minimum