Bonus Calculator

Calculate statutory bonus under the Payment of Bonus Act.

๐Ÿ’ผ Bonus CalculatorFree • Instant • Private
Options:

Export & share

What is the Bonus Calculator?

The Payment of Bonus Act requires eligible establishments to pay a minimum annual bonus of 8.33% and up to 20% of salary, subject to a calculation ceiling.

How to use this calculator

  1. Enter your values in the input fields. Use the sliders where available for quick changes.
  2. Choose the options that fit your case - currency, number format and decimals can be changed in the Options bar.
  3. The result updates instantly as you type. Press Calculate to refresh.
  4. Review the summary, the chart and the detailed table (when shown).
  5. Use Export & share to download a snapshot image (PNG or JPG), copy the result, print, save a CSV, or copy a link that reopens your inputs.

Formula and method

Bonus = min(Monthly salary, ceiling) x months worked x bonus %

Worked example

Loading example...

Options you get

  • Currency symbol and Indian or international digit grouping
  • Decimal places control
  • Instant results with charts and tables (where relevant)
  • Snapshot image export (PNG / JPG), copy image, CSV, print and share link
  • Light and dark themes - works on mobile, tablet and desktop

Frequently asked questions

Who is eligible?

Employees earning up to the notified salary limit who have worked at least 30 days in the accounting year.

Is this calculator free to use?

Yes. All MCSBiz calculators are free, work in your browser and need no sign-up.

Is my data stored or sent to a server?

No. Calculations run on your own device. Your inputs are not uploaded, and nothing is saved unless you choose to share a link or export an image.

Can I save or share my result?

Yes. Use "Download PNG" or "Download JPG" to export a snapshot image, copy the result, print it, download a CSV, or copy a link that reopens the calculator with your inputs.

Important note

Salary and statutory calculations follow the rules and rates stated on the page and may differ from your employer's payroll. Please confirm with your HR or a qualified professional.

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