The Bonus calculation rule as per Act:-

1.   Bonus Application on 20 more employee's companies.

2.   At Least 30 days work employee's eligible for bonus 

3.   Rs. 21000/- basic +da salary employee is eligible for bonus. 

4.   More than 21000/- employee bonus comes under ex-gratia payment.

5.   Minimum 8.33% and maximum 20% bonus will be paid and it  depends on company profits 

6.   Company profits can be decided by company CA.

7.   Bonus Calculation period is from 1st April to 31st March (Financial Year)

8.   Bonus must be paid yearly basis as per bonus ACT.

9.   Bonus must be paid within 8 month of closing the financial year. 

10. Minimum Bonus is equal to Minimum Wages of a state or 7000/- which is higher. 

11. Bonus must be paid in cheque or bank transfer only if payment is made more than 10 Thousand. 

12. Bonus Calculation Formula is Basic +DA / Month Days * Paid days month wise  in Register Form C Format. 

13. Bonus can be adjusted if any advance bonus is paid or financial loss and misconduct by the employee.

14. Bonus applicable only after 3 years of a new company setup or depending on the company getting profits.

15. Bonus return annually goes in Form D. 

16. Bonus  administrative authority is the State Labour Department. 

17. Bonus applicable on part time and daily workers also.