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Bonus Calculator
Statutory bonus under Payment of Bonus Act, 1965 (min 8.33%, max 20%, wage capped at ₹7,000) and performance bonus calculator.
Inputs
Results
Eligibility (≤ ₹21,000)Eligible
Calculation Wage (capped at ₹7,000)₹ 7,000
Bonus Rate Applied8.33% (min 8.33%, max 20%)
Months Considered12 of 12
Annual Bonus₹ 583
Monthly Equivalent₹ 49