Calculate the statutory bonus payable under the Payment of Bonus Act for employees drawing up to 21,000 a month. Bonus ranges from 8.33 to 20 percent of eligible wages.

Statutory Bonus Calculator (Free, India)

Calculate the statutory bonus payable under the Payment of Bonus Act for employees drawing up to 21,000 a month. Bonus ranges from 8.33 to 20 percent of eligible wages.

FAQs

Who is eligible for statutory bonus?

Employees drawing up to 21,000 per month who have worked at least 30 days in the year.

By when must bonus be paid?

Within 8 months of the financial year end, so by 30 November.