Payment of Bonus Act Compliance

About The Payment of Bonus Act

The Payment of Bonus Act, 1965, ensures that employees receive a fair share of the profits through annual bonuses. The Act applies to establishments employing 20 or more persons and mandates the payment of bonus within a specific time frame. It establishes minimum and maximum bonus percentages and defines eligibility criteria.

Our Bonus Act Services

• Employee eligibility assessment
• Bonus calculation as per Act provisions
• Computation of allocable and available surplus
• Set-on and set-off management
• Timely bonus distribution compliance
• Bonus-related documentation maintenance
• Resolution of bonus disputes and claims