Statutory Bonus Calculator 2026
Calculate the minimum and maximum statutory bonus for employees under the Code on Wages, using the ₹21,000 eligibility limit and ₹7,000 / minimum wage calculation ceiling.
- 8.33% to 20%
- Minimum wage option
- Eligibility check
- Pro-rata for months worked
Not an official government calculator. This free tool is only to make your HR and payroll work easier. Tax and labour rules change every year, so treat results as estimates and verify with the official notification or your CA before filing or paying. Rules last reviewed on 23 October 2026.
Statutory Bonus Calculator
Eligible if up to ₹21,000/month
Minimum 30 working days needed
Bonus is calculated on ₹7,000 or the minimum wage, whichever is higher.
Calculation
- Actual monthly wages
- ₹15,000
- Wages used for bonusLower of actual wages and ₹7,000/min. wage
- ₹7,000
- Wages for the year
- ₹84,000
- Bonus
- ₹6,997
Bonus calculation example
An employee earns Basic + DA of ₹15,000 a month and worked all 12 months. The state minimum wage is ₹11,000.
- Eligible: ₹15,000 is below ₹21,000.
- Calculation wage: lower of ₹15,000 and the higher of ₹7,000 / ₹11,000 = ₹11,000.
- Minimum bonus (8.33%): ₹11,000 × 12 × 8.33% = ₹10,996.
- Maximum bonus (20%): ₹11,000 × 12 × 20% = ₹26,400.
Frequently Asked Questions
Who is eligible for statutory bonus?
Employees drawing wages up to ₹21,000 per month who have worked at least 30 days in the accounting year. This limit was notified under Section 26 of the Code on Wages, 2019 with effect from 21 November 2025.
How is statutory bonus calculated?
Bonus = calculation wage × months worked × bonus rate. The calculation wage is the actual wage or ₹7,000 (or the minimum wage, if higher), whichever is lower. The rate is at least 8.33% and at most 20%.
What is the minimum bonus?
8.33% of wages earned or ₹100, whichever is higher, payable even if the employer has no allocable surplus.
When must bonus be paid?
Within 8 months from the close of the accounting year.
Has the bonus law changed?
The Payment of Bonus Act, 1965 has been subsumed in the Code on Wages, 2019, in force from 21 November 2025. The ₹21,000 eligibility and ₹7,000 calculation ceiling were re-notified under the Code.
Is this an official bonus calculator?
No. It is a free, unofficial tool by XoMB HR. Check the latest notification under the Code on Wages before paying.
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This is not an official calculator of the Government of India, the Income Tax Department, EPFO, ESIC or any state government. It is a free tool by XoMB Technologies to make everyday HR work easier. Rules, rates and limits change every year through budgets, notifications and court rulings, and your organisation's policy may differ. Results are estimates only and are not legal, tax or financial advice — confirm with the official source or a qualified CA / labour law consultant before acting. Rules last reviewed on 23 October 2026.