Payment of Bonus
बोनस का भुगतान
Academic researcher in constitutional and administrative law.
Last updated Nov 26, 2025
📘 Bill Name
Code on Wages, 2019
🔢 Chapter Number
4
🌐 Title (EN)
Payment of Bonus
🌍 Title (HI)
बोनस का भुगतान
📄 Sections
16
📝 Overview (EN)
This chapter consolidates the law relating to statutory bonus under the Code on Wages, 2019. It deal...
🌐 Overview (HI)
यह अध्याय वेतन संहिता, 2019 के अंतर्गत वैधानिक बोनस से संबंधित कानूनों को समाहित करता है। इसमें बोनस...
🎯 Meta Title
Chapter IV – Payment of Bonus | Code on Wages, 2019
🧠 Meta Description
Chapter IV of the Code on Wages, 2019 covers eligibility, computation and payment of statutory bonus...
🏷️ Meta Keywords
Code on Wages 2019, Chapter IV, payment of bonus, statutory bonus, set-on set-off
🔗 Canonical URL
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📊 Sort Order
4
🚦 Status
Active
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📜 What is Payment of Bonus?
This chapter consolidates the law relating to statutory bonus under the Code on Wages, 2019. It deals with eligibility for bonus, calculation of allocable surplus, minimum and maximum bonus, set-on and set-off and related procedural aspects for establishments covered by the Code.
यह अध्याय वेतन संहिता, 2019 के अंतर्गत वैधानिक बोनस से संबंधित कानूनों को समाहित करता है। इसमें बोनस पाने की पात्रता, आवंटनीय अधिशेष की गणना, न्यूनतम एवं अधिकतम बोनस, सेट-ऑन और सेट-ऑफ की व्यवस्था तथा आच्छादित प्रतिष्ठानों के लिए प्रक्रियात्मक प्रावधान शामिल हैं।
📄 Sections in Payment of Bonus
| # | Section Title |
|---|---|
| 26 | Eligibility for bonus, etc. |
| 27 | Proportionate reduction in bonus in certain cases |
| 28 | Computation of number of working days |
| 29 | Disqualification for bonus |
| 30 | Establishments to include departments, undertakings and branches |
| 31 | Payment of bonus out of allocable surplus |
| 32 | Computation of gross profits |
| 33 | Computation of available surplus |
| 34 | Sums deductible from gross profits |
| 35 | Calculation of direct tax payable by the employer |
| 36 | Set on and set off of allocable surplus |
| 37 | Adjustment of customary or interim bonus against bonus payable under this Code |
| 38 | Deduction of certain amounts from bonus payable |
| 39 | Time limit for payment of bonus |
| 40 | Application of this Chapter to establishments in public sector in certain cases |
| 41 | Non-applicability of this Chapter |
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