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 ...
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 ...