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SKAG and Associates
Chartered Accountants

Bonus limits notified under the Code on Wages

Employers covered by the bonus provisions of the Code on Wages, 2019.

Labour

What changed

Employees earning up to ₹21,000 a month are eligible for statutory bonus. Bonus is calculated on ₹7,000 a month or the applicable minimum wage, whichever is higher. Bonus for a year is payable within eight months of the year end.

Who is affected

Employers covered by the bonus provisions of the Code on Wages, 2019.

Source

Ministry of Labour and Employment, S.O. 4710(E) and S.O. 4711(E) dated 25 August 2026. The notification text is on the MoLE website.

Effective: 25 Aug 2026 · Note published · Last reviewed 26 September 2026

Related on this site

This note summarises a public notification for general information. It is not professional advice and does not cover every condition or exception, and the rule can change again by a later notification. Read the notification itself before acting on it, or contact the firm with a question on your own facts.

Published by SKAG and Associates, Chartered Accountants, New Delhi · Proprietor CA Gaurav Singh (ICAI M.No. 539050). General information only, not professional advice.

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