Statutory Bonus Calculator
Calculate your annual bonus eligibility and payout amount as per the rules of the Payment of Bonus Act, 1965 in India.
₹
%
Mos
Minimum 30 working days required to be eligible for bonus.
Did you know?
An employer is legally required to pay the statutory bonus within 8 months from the close of the accounting year.
⚠️ Employees drawing Basic + DA above ₹ 21,000 per month are not eligible for statutory bonus under the Act.
Total Bonus Payable
₹ 0
Eligibility Status
Eligible
Calculation Ceiling Applied
₹ 7,000 / month
Bonus Percentage
8.33 %
💡 Statutory Bonus Rules:
- Eligibility: Basic + DA must be ≤ ₹ 21,000/month.
- Calculation Cap: Bonus is calculated on ₹ 7,000 or actual minimum wage, whichever is higher.
- Rates: Minimum is 8.33% and Maximum is 20%.