Eligibility
- Applies to establishments with 20 or more employees
- Employees earning up to ₹21,000 per month are eligible
- Minimum bonus is 8.33% of salary
- Maximum bonus is 20% of salary
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Labour Law
Payment of Bonus Act, 1965
The Payment of Bonus Act, 1965 provides for payment of bonus to employees in certain establishments.
Official Sources
For official information and latest updates, refer to:
Related Labour Laws
Minimum Wages Act
Minimum Wages Act, 1948
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Payment of Gratuity Act
Payment of Gratuity Act, 1972
Complete guide to gratuity eligibility, calculation, payment, and compliance requirements for employers.
Payment of Wages Act
Payment of Wages Act, 1936
Understanding wage payment rules, deductions allowed, and employer obligations under the Payment of Wages Act.
Disclaimer
This content is for informational purposes only and does not constitute legal advice. Laws and regulations may change. Please verify details from official government sources or consult a qualified professional.