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Due Dates Statutory Bonus Payment

Statutory Bonus Payment

Payment of Bonus Act 1965 s.19

Bonus must be paid within 8 months from the close of the accounting year (typically by 30 November for FY ending 31 March).

Due dates and late fees

FYDue DateLate FeeNote
FY 2024-2530 November 2025s.28 Bonus Act: imprisonment up to 6 months or fine up to ₹1,000Bonus payable to employees earning up to ₹21,000/month; calculated at 8.33% minimum, 20% maximum of salary.
FY 2025-26Current30 November 2026s.28 Bonus Act
FY 2026-2730 November 2027s.28 Bonus Act

FY-specific notes

FY 2024-25: Bonus payable to employees earning up to ₹21,000/month; calculated at 8.33% minimum, 20% maximum of salary.

⚠ VERIFY

The ₹21,000 wage ceiling for eligibility has been the operative figure since 2015 amendment — confirm no revision. The ₹7,000/minimum-wage cap for calculation base is separate.