Is it a flat 30% tax for variable pay, retention bonus, etc.?

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If your income fall under 30% tax slab then yes, it's flat 30% on variable pay.

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Yes ,same for shift allowance as well

its not flat 30% but flat rate tax applicable depends on which tax bracket you fall.

Retention bonus? Will be interesting to know the case

It’s a thing of the past, 2021 to be exact. The company was doing alright back then, and they updated the salaries of a few people to market standards. Some were also given an amount equivalent to the annual additional amount they’d receive as a “retention bonus,” which would be paid in 3 parts over three years.

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