Payment of Bonus Act, 1965 · Code on Wages, 2019

Bonus Calculator

Statutory bonus for employees drawing Basic + DA up to ₹21,000/month, calculated on wages capped at ₹7,000 or the applicable state minimum wage, whichever is higher.

Enter Details

Check the Compliance Data page for the current rate in your state.
Statutory range: 8.33% (minimum) to 20% (maximum).
Days this employee actually worked. Minimum 30 required for eligibility.
The establishment's full-year working days — the denominator for pro-rating. A full-year employee should have Days Worked equal to this.
Affects the statutory minimum bonus floor (₹100 vs ₹60).

Result

Fill in the details and calculate to see the breakdown here.
₹0
Bonus Payable
Salary Eligibility (≤ ₹21,000)
Working Days Eligibility (≥ 30 days)
Calculation Base (monthly, capped)₹0
Before Statutory Floor₹0
Basis: Under the bonus provisions of the Code on Wages, 2019 (carrying forward Section 12 of the Payment of Bonus Act, 1965), where Basic + DA exceeds ₹7,000 or the notified minimum wage for the employment (whichever is higher), bonus is calculated as if the salary were that capped amount. Employees drawing Basic + DA above ₹21,000/month are not statutorily eligible. Annual bonus = capped monthly base × 12 × bonus%, pro-rated for days actually worked in the accounting year. Minimum bonus is 8.33% of eligible wages, subject to a statutory floor of ₹100 (₹60 for employees under 15 years of age) regardless of the formula result; maximum is 20%, subject to the allocable surplus provisions of the Code.