Looking for a new role? MonoHR matches you with the right jobs. See MonoHR for candidates →Hiring? MonoHR fills your roles, a lot faster. See MonoHR for employers →
MonoHR — match people with opportunities that actually fit.
← All calculatorsFree HR calculator

Statutory Bonus Calculator

Compute bonus eligibility and payout under India’s Payment of Bonus Act, 1965.

Annual bonus₹6,9978.33% of salary base
Monthly accrual₹583
Salary base₹7,000
FAQ

What to know before using this estimate.

Who is covered?

The Act generally applies to establishments with 20 or more employees, subject to eligibility and wage conditions.

What caps are used?

This calculator uses an 8.33% base, a salary base capped at Rs. 7,000 per month, Rs. 1,820 minimum annual bonus, and Rs. 21,000 maximum annual bonus.

Statutory Bonus Calculator | MonoHR