🎁 IMHR Compliance Tools
Statutory Bonus Calculator
Instant & Accurate Statutory Bonus Calculation Compliant with Payment of Bonus Act
Enter Salary Components & Rate
Selected Statutory Rate
8.33%
Calculation Wage Base
₹0.00
Monthly Bonus
₹0.00
Annual Bonus Pool (12 Mos)
₹0.00
💡 Payment of Bonus Act Rule: Under the Payment of Bonus Act, statutory bonus varies between minimum 8.33% and maximum 20.00%. Calculation applies on the lower of: (A) Higher of State Minimum Wage or ₹7,000, OR (B) Actual (Basic + DA).
