Bonus Act
The Payment of Bonus Act, 1965 is a central legislation requiring every Indian factory and establishment with twenty or more employees to pay an annual minimum bonus of 8.33% of wages to eligible employees. The Act covers employees earning up to a specified wage ceiling and prescribes bonus calculation based on allocable surplus. HR must ensure timely bonus disbursement and maintain prescribed registers.
Related Terms
workro’s HR platform bakes compliance terminology directly into your workflows. Generate offer letters, manage DPDP consent, and stay compliant—all with built-in HR intelligence.
Get started free →Related resources
Employee Notice Period Rules in India: Complete Legal Guide
Understand notice period rules in India — legal requirements, buy-out clauses, garden leave, state-wise variations, notice during probation, and remedies for breach.
View ArticleGratuity Calculation Guide India 2026
A complete guide to gratuity calculation in India — the formula, eligibility criteria, tax exemption limits, forfeiture rules, and changes under the new labour codes.
View Letter TemplateAppraisal / Increment Letter Format India
Free appraisal and increment letter template for Indian companies. Includes performance rating, salary revision, and new CTC breakup.
View CalculatorBonus Calculator India
Calculate statutory bonus under the Payment of Bonus Act, 1965. Minimum 8.33% and maximum 20% of basic + DA.
View JD TemplateLegal Counsel Job Description Template
Free legal counsel job description template for Indian companies. Includes responsibilities, skills, CTC range, and compliance requirements.
View Salary DataPerformance Marketer Salary in Agra
Average performance marketer salary in Agra for 2026. Entry-level to senior salary ranges, market trends, and hiring insights for Indian companies.
View