Payment of Bonus Act, 1965

The Payment of Bonus Act, 1965

बोनस संदाय अधिनियम, 1965

Rules Regulations Notifications Orders Circulars Ordinance Statutes

Act ID:	196521
Act Number:	21
Enactment Date:	1965-09-25
Act Year:	1965
Short Title:	The Payment of Bonus Act, 1965
Hindi Title:	बोनस संदाय अधिनियम, 1965
Long Title:	An Act to provide for the payment of bonus to persons employed in certain establishments and for matters connected therewith.
Ministry:	Ministry of Labour and Employment
Enforcement Date:	25-09-1965


Schedule 1. THE FIRST SCHEDULE Order Appendix Forms
Schedule 2. THE SECOND SCHEDULE. Order Appendix Forms
Schedule 3. THE THIRD SCHEDULE Order Appendix Forms
Schedule 4. THE FOURTH SCHEDULE Order Appendix Forms

Title	Files

Title	Files

Title	Files

The Payment of Bonus Act, 1965

Show all section


Section 1. Short title, extent and application. Show Related Subordinates
Section 2. Definitions.
Section 3. Establishments to include departments, undertakings and branches.
Section 4. Computation of gross profits.
Section 5. Computation of available surplus.
Section 6. Sums deductible from gross profits.
Section 7. Calculation of direct tax payable by the employer.
Section 8. Eligibility for bonus.
Section 9. Disqualification for bonus.
Section 10. Payment of minimum bonus.
Section 11. Payment of maximum bonus.
Section 12. Calculation of bonus with respect to certain employees.
Section 13. Proportionate reduction in bonus in certain cases.
Section 14. Computation of number of working days.
Section 15. Set on and set off of allocable surplus.
Section 16. Special provisions with respect to certain establishments.
Section 17. Adjustment of customary or interim bonus against bonus payable under the Act.
Section 18. Deduction of certain amounts from bonus payable under the Act.
Section 19. Time-limit for payment of bonus.
Section 20. Application of Act to establishments in public sector in certain cases.
Section 21. Recovery of bonus due from an employer.
Section 22. Reference of disputes under the Act.
Section 23. Presumption about accuracy of balance-sheet and profit and loss account of corporations and companies.
Section 24. Audited accounts of banking companies not to be questioned.
Section 25. Audit of accounts of employers, not being corporations or companies.
Section 26. Maintenance of registers, records, etc.
Section 27. Inspectors.
Section 28. Penalty.
Section 29. Offences by companies.
Section 30. Cognizance of offences.
Section 31. Protection of action taken under the Act.
Section 31A. Special provision with respect to payment of bonus linked with production or productivity.
Section 32. Act not to apply to certain classes of employees.
Section 33. [Repealed.].
Section 34. Effect of laws and agreements inconsistent with the Act.
Section 35. Saving.
Section 36. Power of exemption.
Section 37. [Repealed.].
Section 38. Power to make rules.
Section 39. Application of certain law not barred.
Section 40. Repeal and saving.


Schedule 1. THE FIRST SCHEDULE Order Appendix Forms
Schedule 2. THE SECOND SCHEDULE. Order Appendix Forms
Schedule 3. THE THIRD SCHEDULE Order Appendix Forms
Schedule 4. THE FOURTH SCHEDULE Order Appendix Forms

Year	Description	Hindi Description	Files(Eng)	Files(Hindi)
1975	The Payment of Bonus Rules 1975
10-11-2014	Corrigendum in the Notification No.784(E) dated 10 November 2014
06-12-2016	Payment of Bonus(Amendment)Rules, 2016
29-01-2019	Payment of Bonus (Amendment) Rules, 2019

Year	Description	Hindi Description	Files(Eng)	Files(Hindi)
13-12-2007	The Payment of Bonus(Amendment) Act, 2007
10-11-2014	The Payment of Bonus (Amendment) Rules, 2014 - GSR 784(E)
01-01-2016	The Payment of Bonus (Amendment) Act, 2015

Schedule 1. THE FIRST SCHEDULE

Schedule 2. THE SECOND SCHEDULE.

Schedule 3. THE THIRD SCHEDULE

Schedule 4. THE FOURTH SCHEDULE