Bonus Calculator

Free

Payment of Bonus Act, 1965

Calculate statutory bonus with separate inclusions and exclusions, minimum wage, and bonus percentage slider. Compare old Act vs new Code.

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Input Parameters

Employee & Entity

Employee Name

Employee Code

Entity

Inclusions

Basic (Rs)

DA (Rs)

Retaining Allowance (Rs)

Exclusions

HRA (Rs)

Conveyance (Rs)

Special Allowance (Rs)

Other Allowances (Rs)

Minimum Wage (Rs)

Bonus Percentage8.33%

Min 8.33% — Max 20%

Eligibility Limit (Rs)

Calculation Ceiling (Rs)

Limit to Statutory Cap

Wage Summary

Total Remuneration (Gross)₹20,000

Old Wages (Basic + DA)₹12,000

New Wages (with 50% rule)₹12,000

Statutory Cap (max of ceiling, min wage)₹8,000

Old Act

Eligible

Calculation Base₹8,000

Annual Bonus₹7,997

New Code

Eligible

Calculation Base₹8,000

Annual Bonus₹7,997

Old Act Bonus

₹7,997

New Code Bonus

₹7,997