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  2. www.paisabazaar.com › salary › statutory-bonusStatutory Bonus- Eligibility, Deductions, Calculation

    • Payment of Bonus Act. Under the Payment of Bonus Act, 1965, certain categories of employees are entitled to receive a statutory bonus calculated by reference to the employee’s salary and the employer’s profits.
    • Bonus Rules in India. There have been many amendments since the act came into force. The main changes to the Act are: Eligibility for the bonus has been increased to include employees’ income up to Rs.
    • Applicability of the Act. The provisions under the Payment of Bonus Act, 1965 are applicable to every factory and establishment which has 20 or more employees.
    • Employee’s Eligibility to Receive Statutory Bonus. Below is the eligibility criteria for getting Statutory Bonus: Eligibility for statutory bonus has been broadened to include employees earning up to Rs.

  3. www.zoho.com › in › payrollStatutory Bonus Calculator | Zoho Payroll

    Calculate your statutory bonus with this free tool based on your salary, bonus percentage and minimum wage. Learn more about the eligibility, formula and disbursement of statutory bonus in India.

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  5. www.hivepayroll.co.in › what-is-statutory-bonusWhat Is Statutory Bonus in Salary? Meaning, Types, Rules

    Learn what statutory bonus is, how it differs from other types of bonuses, and how it is calculated based on your salary and work days. Find out who is eligible, when you get it, and how much tax you pay on it.

  6. payhr.in › bonuscalBonus Calculator - PayHR

    Calculate how much statutory bonus amount payable to the employees based on the salary, minimum wage and payable days. Enter the monthly basic + DA amount and recalculate the annual bonus amount with the online tool.

  7. labourlawadvisor.in › calculators › bonus-calculatorBonus Calculator | Labour Law Advisor

    Calculation of Bonus as per Bonus Act (Amendment of 2015) If the gross earning of your employees is below Rs.21000 you are eligible to pay a bonus. Calculation of bonus will be as follows: If Basic+DA is below Rs.7000 then the bonus will be calculated on the actual amount. If Basic+DA is above Rs.7000 then the bonus will be calculated on Rs.7000.

  8. clc.gov.in › clc › acts-rulesPayment of Bonus Act | Chief Labour Commissioner

    The Payment of Bonus Act, 1965 provides for a minimum bonus of 8.33 percent of wages. The salary limited fixed for eligibility purposes is Rs. 3,500 per month and the payment is subject to the stipulation that the bonus payable to employees drawing wages or salary not exceeded to Rs.10000 per month would be calculated as if their salary or ...

  9. clc.gov.in › clc › acts-rulesPAYMENT OF BONUS ACT | Chief Labour Commissioner

    THE PAYMENT OF BONUS ACT, 1965. (21 OF 1965) [ 25th September, 1965.] [An Act to provide for the payment of bonus to persons employed in certain establishments on the basis of profits or on the basis of production or productivity and for matters connected therewith.]