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Deal volume seems to be going down (at least that is what some people say) but still bonuses upwards of 100% to even 130% have been given ?

what is the tea ? how much have bombay based teams gotten ?
135% of your monthly salary or your entire salary? sorry i dont get it...that would be a huge number??
Say your pay is 25+15. If you were to get 100% of your bonus, your variable pay would be 15 l (Ignoring the 80/20 split for ease of understanding).

Now if he says 135%, he got 135% of 15l which is 20,25,000
135% of the bonus component he/she was due for the year. for example if the pay was 16.5 (fixed) + 5 (bonus) - he/she got 135% of the 5 lakhs