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Statutory Bonus Calculator
Calculate statutory bonus under Payment of Bonus Act, 1965 — covers the ₹21K eligibility ceiling, ₹7K calculation cap, state minimum-wage adjustment, and 8.33%–20% rate range.
Eligible only if ≤ ₹21,000.
Min 8.33%, max 20%. Most employers pay the statutory minimum.
Need 30+ to be eligible. Pro-rated if < 365.
Annual statutory bonus
₹12,995
Wage used for calc₹13,000
Calc base (max of)₹13,000
When is bonus payable?
Within 8 months from the end of the financial year (so by 30 Nov for the previous FY). Most employers pay around Diwali. Establishments with 20+ employees are covered. Companies in their first 5 years can claim losses to skip bonus.