Statutory Bonus Calculator

    Work out the statutory bonus due to eligible employees as per the Payment of Bonus Act. The tool applies the wage ceiling and the minimum and maximum bonus percentages.

    Calculator

    ₹
    %
    Wage for Computation
    ₹7,000
    Annual Bonus
    ₹6,997.2

    How the Calculation Works

    1. 1Enter the eligible monthly wage
    2. 2The tool applies the statutory wage ceiling
    3. 3View the minimum and maximum statutory bonus

    Frequently Asked Questions

    Who is eligible for statutory bonus?

    Employees earning up to the wage ceiling defined by the Payment of Bonus Act and who have worked at least 30 days in the year are generally eligible.

    What is the bonus percentage range?

    The statutory bonus ranges between a minimum of 8.33 percent and a maximum of 20 percent of eligible wages.

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