Enter monthly Basic plus DA, choose the bonus rate, and enter days worked in the accounting year.
PSU Statutory Bonus Calculator 2026
Estimate Payment of Bonus Act bonus for PSU and covered-establishment planning using Basic plus DA, the salary eligibility ceiling, the calculation ceiling, and days worked in the accounting year.
Focused on Payment of Bonus Act style bonus planning
Calculate your statutory PSU bonus
Enter Basic plus DA, days worked, total working days in the accounting year, and the bonus rate used for planning. The page then checks the salary ceiling and estimates annual and monthly equivalent bonus.
Table of Contents
Jump to the calculator, assumptions, formula, eligibility notes, FAQs, and references.
How This PSU Bonus Calculator Works
This page is built as a statutory bonus planning tool. It starts with monthly Basic plus DA, checks whether the employee is within the bonus eligibility ceiling, applies the statutory calculation ceiling, and then computes annual bonus using the selected rate and proportionate working-day factor.
That means the page is not trying to invent PSU category or personal performance multipliers on top of the law. If your employer pays a separate ex gratia, performance-linked incentive, or policy-based bonus, treat that as a separate payment category.
The page checks the ₹21,000 monthly eligibility ceiling and uses ₹7,000 as the monthly calculation base for the statutory estimate.
Use the result for planning only, then verify the final payout with the employer’s allocable surplus position, actual rate, and any separate policy-driven payment.
The working formula on this page is: Annual Bonus = Monthly Calculation Salary x 12 x Bonus % x Working-Day Factor.
Current 2026 Bonus Assumptions Used
These assumptions keep the statutory estimate transparent and prevent the page from overclaiming a custom PSU bonus model where one may not exist.
Salary Components Used
The estimate uses monthly Basic plus DA only, because those are the standard salary or wage components used for statutory bonus calculation.
Eligibility Ceiling
The page checks a monthly eligibility ceiling of ₹21,000. If Basic plus DA exceeds that ceiling, the employee is shown as not eligible for the statutory estimate.
Calculation Ceiling
Where the employee is eligible, the page uses ₹7,000 per month as the statutory calculation salary for the estimate.
Bonus Rate Range
The statutory planning range runs from 8.33% to 20%. Final payable rate depends on the actual legal and financial position of the establishment.
Minimum Days Worked
The page uses a minimum 30-day work threshold before producing a statutory bonus estimate.
What Is Not Included
Performance-linked incentives, ex gratia, policy bonuses, and non-statutory employer payments are not added automatically. Use the Tax Calculator after confirming the exact payment category.
Statutory Bonus Formula
This page uses a simple statutory structure so the estimate is easy to audit against the Payment of Bonus Act framework.
Monthly Salary Used
Monthly Salary = Basic Pay + DA
Monthly Calculation Salary
Monthly Calculation Salary = ₹7,000 when the employee remains within the statutory eligibility ceiling.
Annual Bonus Estimate
Annual Bonus = Monthly Calculation Salary x 12 x Bonus Rate x (Days Worked / Total Working Days)
Eligibility and Ceiling Notes
The most important checks here are not performance rating or PSU label. They are whether the employee is covered, whether the statutory salary ceiling is crossed, and whether the employee worked the minimum number of days in the accounting year.
| Rule area | How this page treats it | What to verify |
|---|---|---|
| Eligibility ceiling | Uses ₹21,000 per month | Whether your establishment and employee category are covered and whether the ceiling in force for your case differs |
| Calculation ceiling | Uses ₹7,000 per month | Whether the applicable law or minimum-wage-linked basis changes the calculation salary |
| Minimum days worked | Uses 30 days | Whether the employee has satisfied the statutory threshold in the accounting year |
| Bonus rate | Lets you model 8.33% to 20% | The actual rate finally declared based on allocable surplus or employer policy |
Bonus Planning Example
This example shows the calculator as a statutory bonus estimate, not as a custom performance-bonus model.
Example 01
Basic pay of ₹15,000 with DA of ₹3,000
A simple statutory bonus case where the employee remains inside the eligibility ceiling and is paid at a 12% bonus rate for the full year.
Basic + DA = ₹15,000 + ₹3,000 = ₹18,000
Employee remains within the ₹21,000 eligibility ceiling
Annual calculation base = ₹7,000 x 12 = ₹84,000
Estimated Bonus = ₹84,000 x 12% = ₹10,080
Monthly equivalent = about ₹840, but the actual bonus is usually paid as an annual amount.
Frequently Asked Questions
Short answers to the main questions users ask before relying on a PSU bonus estimate.
What does this PSU bonus calculator estimate?
This page estimates statutory bonus under the Payment of Bonus Act using Basic plus DA, the eligibility ceiling, the calculation ceiling, days worked, and the selected bonus rate.
Does every PSU employee get statutory bonus?
No. Coverage, salary ceiling, days worked, and employer-specific exceptions or policy structures matter. This page is a statutory planning tool, not a guarantee of payment.
Why doesn’t the calculator use performance multipliers?
Because statutory bonus is not usually computed through arbitrary PSU-category or personal-performance multipliers. If your employer pays a separate ex gratia or policy bonus, that should be treated separately.
What salary figure is used for calculation?
The page uses Basic plus DA to test eligibility. If eligible, it uses a statutory monthly calculation ceiling of ₹7,000 for the estimate shown here.
Is the bonus taxable?
Bonus is generally taxable as salary income. After confirming the actual payment category, use the Tax Calculator for planning.
References
Use these primary references to verify statutory bonus coverage, minimum and maximum bonus, and the salary ceiling treatment that may apply.
| Source | What to verify | Link |
|---|---|---|
| Chief Labour Commissioner (Central) | Payment of Bonus Act overview and statutory rate structure | Open source |
| Chief Labour Commissioner (Central) | Text of the Payment of Bonus Act including minimum, maximum, and eligibility sections | Open source |
| Government Salary | Tax planning follow-up for bonus or ex gratia receipts | Open calculator |
| Government Salary | Current salary context before bonus planning | Open calculator |