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.

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