When you get a bonus — or other supplemental wages such as severance pay, commissions, etc. — your employer must withhold some of the money to send to the IRS for taxes. Your employer may withhold 22 ...
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New labour code 2025: Bonus and leave encashment calculator if bonus is 10%, 15%, 20%, 25% of CTC
The new Labour Code 2025 which came into effect on November 21, 2025, requires every employer to calculate wages as 50% of the total CTC for computing gratuity, pension and other social security ...
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