Free Statutory Bonus Calculator
Calculate statutory bonus payable under the Payment of Bonus Act 1965.
Quick answer
Under the Payment of Bonus Act, 1965, employees earning up to ₹21,000 a month get a bonus of 8.33% to 20% of their wages for the year, worked out on ₹7,000 a month or the scheduled minimum wage, whichever is higher. Example at the minimum 8.33% on ₹7,000: ₹7,000 × 12 × 8.33% = ₹6,997 a year.
Last reviewed November 2026.
How to use the Statutory Bonus Calculator
Fill in these fields and the statutory bonus calculator works out the rest instantly, in your browser:
- Basic + DA per Month (₹)
- Months Worked in Year
- Bonus Percentage (%) — Min 8.33%, Max 20%
Worked example
With Basic + DA per Month: 18000; Months Worked in Year: 12; Bonus Percentage: 8.33:
| Monthly Basic + DA | ₹18,000 |
| Calculation Ceiling | ₹7,000 |
| Months Worked | 12 months |
| Bonus Rate Applied | 8.33% |
| Annual Bonus Payable | ₹6,997 |
Statutory bonus ceiling is ₹7,000 (or minimum wage, whichever higher). Min 8.33%, Max 20%.
Frequently asked questions
Who is eligible for statutory bonus?
Employees earning up to ₹21,000 a month who worked at least 30 days in the year, in establishments with 20 or more employees (10 or more in some states).
When must the bonus be paid?
Within 8 months of the end of the accounting year. Many employers pay it before Diwali.
Is minimum bonus payable even in a loss year?
Yes. The minimum 8.33% is payable whether or not the business made a profit, except for new establishments in their first five years without profit.
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