Statutory Bonus Calculator

Free, instant statutory bonus calculation under the Payment of Bonus Act, 1965.

This calculator gives an indicative estimate for general awareness, based on standard statutory rates as of July 2026. It is not a substitute for professional advice; contact LEAP for figures specific to your business.
Statutory Payout

Statutory Bonus Calculator

Compute the annual statutory bonus payable under the Payment of Bonus Act, 1965. Applies the ₹21,000 eligibility ceiling, the ₹7,000 or scheduled-minimum-wage calculation floor, the 8.33% to 20% band and pro-rating by days worked.

Inputs

Provide wage details for the accounting year.

Leave blank if minimum wage does not exceed ₹7,000.

Use 365 for a full year. Minimum 30 days required (Section 8).

8.33% to 20%

Rate set by allocable surplus under Sections 10 and 11. Default 8.33% is the statutory minimum.

Result

Annual statutory bonus payable.

Fill in the details and click Calculate to see your result.

Method and assumptions

  • Eligibility ceiling of ₹21,000/month was last revised by the Payment of Bonus (Amendment) Act, 2015 with retrospective effect from 01.04.2014.
  • Where the employee’s salary exceeds ₹7,000 and the scheduled minimum wage for that scheduled employment is higher than ₹7,000, bonus is computed on the minimum wage; otherwise on ₹7,000.
  • Bonus must be paid within 8 months from the close of the accounting year (Section 19). Disqualifications under Section 9 (fraud, riotous behaviour or theft) are not modelled here.
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