Hi Community
Hope everyone is safe and healthy.
I have a small confusion regarding statutory bonus calculation. Below is the e.g for reference:
Calculation of Bonus as per Bonus Act (Amendment of 2015)
If the gross earning of your employees is below Rs.21000 you are eligible to pay a bonus. Calculation of bonus will be as follows:

If Basic+DA is below Rs.7000 then the bonus will be calculated on the actual amount.

If Basic+DA is above Rs.7000 then the bonus will be calculated on Rs.7000.
Example:
Case 1:
If the Basic salary of the employee is less than or equal to Rs 7,000
Saahil is working as an engineer in a Company in Bangalore. His basic salary is Rs. 6,500 per month.
Formula: Basic Salary*8.33% = Bonus per month
6500*8.33% = 541.45 (6497.4 per annum)
Case 2
If the Basic salary of the employee is higher than Rs 7,000
Vedant is working as a Sales officer in one of the shops in Delhi. His basic salary is Rs. 18,000 per month.
Formula: Basic Salary*20% = Bonus per month
7,000*20% = 1400 per month
Case 3
If the Basic salary of the employee is higher than Rs 21,000
There is no bonus applicable to employees having a basic salary of more than Rs. 21000.
I got clarity on Case 1 and Case 3, but I have confusion with Case 2. Can we keep the percentage at 8.33%, or do we have to keep 20% for this, or it can vary between 8.33%20%.
Kindly help me out.
Regards
Manjot Singh