Industrial Relations
Labour Laws & Ir
Accounts Assistant
Assistant Engineer, Indian Telephone Industries,
As Above Freelance
+7 Others

pls let me know the ceiling limit for payment of bonus at present. is it still 3500/- or enhanced to 5000/-
From India, Vijayawada

No. The Bonus salary Ceiling limit is still Rs.3500/- per month. If we calculate the Bonus as per the ceiling salary then in case of 8.33% (Minimum Bonus to be paid) then Rs.3499/- and for 20% (Maximum Bonus can be paid) then Rs.8400/- only.
You can get the details by doing search option available at top of this page. Further if you are not satisfied then you can check the side bar in the right sice where you can find the relevant threads which were discussed earlier.
From India, Kumbakonam
There has been no change in the ceiling for payment of Statutory Bonus. It continues to be Rs 3,500/-.
From India, Delhi
This is strange. When salary levels have gone up multi fold, the Bonus act still talks of only Rs.3500/- as ceiling limit. This is just unacceptable from everybody's view. Why trade unions are keeping silent on this is not understood
From India, Bangalore
Dear friends, Ceiling limit on salary for the eligibility for bonus is not Rs. 3500, but Rs. 10,000. But the for bonus calculation salary upto Rs. 3500 willo be taken into account. Abbas.P.S
From India, Bangalore
Dear Supreme_1974 & Dbalaji3,
Statutory Bonus is mainly concerned for workmen category, who comes under Contract Labour Act / minimum wages Act. You please dont compare your salary for Bonus. Salary of the minimum wages workmen is comparatively low and Rs. 3,500/- is good amount for them. Earlier, Bonus applicable to the employees whose basic was Rs. 3,500/-, however, it has been enhanced to Rs. 10,000/- in the year 2007 for covering more employees (enenthough the ceiling limit is 3,500/-)
From India, Mumbai
Dear Supreme
Computation of bonus should be worked out as per schedule I to IV of the Act. Every person drawing salary between Rs3500/- and Rs10,000/- per month. The bonus payable to him is to be calculated as if his salar were Rs3500/- p.m.
Till date there is not any enanchement to Rs 5000/-pm.
Thanks & Regards
V K Sharma
HR, Tarapur
From India, Vasai
Can any body clarify why deduction for ESIC is Gross Amt 15000/-. We are having so many labour working under contractor getting more than 15000/- per month. There should not be any limit for working under contractor and ESIC means medical benifit for labour. Can any body elaborate more on this.
Dept of Accounts
TPL, RSP, Rourkela
From India, Rourkela
Dear All
My opinion after going through this conversation, the payment of bonus act after amendment ,cover large employees,it is good thing for us,before that we only calculate on rs 2500/salary limit was 3500.
with regards
From India, Kumar
Yes it is good thing, but only thing is the lowest ceiling limit should be around 5000 or it should be 8.33% of basic+da.
From India, Vijayawada
Kindly guide me on this, my salary detais basic-7000, da 2500, hra 3250, c a 2000,medical allowance-500 & canteen allowance-250 total 15500 so am i not applicable for bonus
From India, Kaiga
Kindly guide me on this, my salary details
basic-7000, da 2500, house rent allowance- 3250, Conveyance allowance 2000,medical allowance-500 & canteen allowance-250 total 15500 so am i not applicable for bonus
From India, Kaiga
Kindly guide me on this, my salary details
basic-7000, da 2500, house rent allowance- 3250, Conveyance allowance 2000,medical allowance-500 & canteen allowance-250 total 15500 so am i not applicable for bonus
From India, Kaiga
Dear Antoajay,
An employee is eligible to get bonus only when he has worked for 30 working days in that year & drawing wages upto Rs.10000/- per month or less.Wages means Basic +DA.
In your case,you are drawing Rs. 9500(Basic+DA) wage per month.You are eligible for Bonus.
I have also enclosed excel sheet to determine eligibility for bonus based on monthwise salary.
From India, Pune

Attached Files
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File Type: xls Bonus eligibility.xls (602.5 KB, 1047 views)

nmc Quality Consultants, Chennai

The site has amply made it clear that Bonus is Statutory and is a must to keep the employees free from other social pressures. However there is a better method. Looking after the social needs of the family works better than bonus in terms of employees retention. A proved method even before 5 decades by none other than Shri. Gurumoorthy of Ms SIMSON GROUP, Tamilnadu. He was then the first to get Max Bonus in entire India to the entire group. All these are not by fighting but by proven and committed output from the employees. And we can fill pages over suceesses of the group before the political interference by a state party. Even today many industries suffer under political rival unions.

Best method could be to take care of the educational and few important social oblications like family health and happiness ( Deepali, New Year and alike, Leave Travel Cocession etc.,) which would give a major bondage and would help in employees retention with committment. Certainly a compremising formula could be worked out with employees partivcipative body ( non political Union).

My suggestion to some small indusries in this regard had worked well for them as well as the employees.

From India, Madras
Dear all , please guide me if any employee with (basic+da) of rs.3700 then bonus to be calculated on rs.3500 or on rs.3700? Ajay
From India, Kaiga
Dear Ajay, As already clarified by the members bonus is to be calculated considering the salary as Rs. 3500/- per month. Regards, R N KHOLA
From India, Delhi
bonus will be calculated on the basis of basic + D.A or total gross salary
From India, Bangalore
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