Bonus Calculator
Calculate your expected annual bonus amount.
Min: 8.33%, Max: 20% (usually)
Total Bonus Amount
₹
How to Use Bonus Calculator?
- Monthly Basic Salary: Enter your basic salary per month (not CTC).
- Bonus Percentage: Enter the percentage declared by your company (e.g., 8.33% or 20%).
- Months Worked: Enter the number of months you have worked in the financial year.
- Calculate: The tool instantly computes your eligible bonus amount.
Did you know?
The Payment of Bonus Act, 1965 mandates a minimum bonus of 8.33% of the salary or wage earned by the employee during the accounting year.
Frequently Asked Questions
The statutory minimum bonus is 8.33% of the basic salary earned during the year, or ₹100, whichever is higher.
No, bonus is typically calculated on the Basic Salary + DA (Dearness Allowance), not on the Gross Salary or CTC.
Yes, any bonus received from an employer is considered part of your salary income and is fully taxable according to your income tax slab.