The Payment of Bonus Act Bonus calculator


PayHR Bonus calculator helps HR and Payroll Accountant to calculate how much Statutory bonus amount payable to the employees based on the Salary(Basic + DA)






The Statutory Bonus Calculation is as follows :

The Statutory Bonus amount is calculated based on the above amount entered by you. If there is any change in monthly Basic Salary or DA amount or in Minimum Wage amount or in monthly payable days, then you can make changes in below tables to derive correct Annual Statutory Bonus amount by clicking on "Recalculate" button


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Month Basic + DA Amount Minimum Wage Amount Payable Day Qualify Wage Bonus Amount
April
May
June
July
August
September
October
November
December
January
February
March
The total annual Statutory Bonus amount is >>>
To know more about The Payment of Bonus Act. How to implement in organisation, and when and how to file return, Click here

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