📅 FY2025-26 is the first bonus year under the Code on Wages, 2019.
The Payment of Bonus Act was repealed on 21 November 2025, "wages" has a new definition, and S.O. 4710 & 4711 (25 Aug 2026) changed the eligibility and calculation rules. ⚠️ Last year's bonus sheet will get this year wrong.

🧮 This Excel calculator does it right, employee by employee and month by month, so you can pay the right people the right amount by 30 November 2026.

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✨ WHAT IT DOES
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✂️ Splits the year automatically: old Act up to 20 Nov 2025, Code on Wages from 21 Nov 2025 (November split 20:10)
💼 Applies the new s.2(y) wages definition, including the 50% rule (special allowance now counts)
✅ Checks ₹21,000 eligibility month by month (S.O. 4711)
📏 Caps calculation at ₹7,000 or the minimum wage, whichever is higher (S.O. 4710)
💰 Calculates bonus at 8⅓% (or ₹100 minimum) up to 20%, with the 30-day rule and disqualifications
⚖️ Shows the rupee impact of Central vs State minimum wage, so you can record your decision
🔧 Wage Builder to test what counts as "wages" for any pay structure
📊 Department-wise summary, days left to the deadline, and a one-page bonus statement for each employee

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📦 DETAILS
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📁 Format: Excel (.xlsx), works in Microsoft Excel and LibreOffice
👥 Capacity: up to 500 employees per file
🧭 Comes with sample data and a Start Here guide. Fill the yellow cells and paste your employee data.
⚡ Instant download after payment

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🎁 ADD THE COMPLETE KIT AT CHECKOUT
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Tick the add-on to also get:
📒 Allocable Surplus & Set-on/Set-off workbook
🧾 Bonus Register & Payment Tracker
✉️ 7 ready-to-issue letter templates
🚨 Non-Compliance Exposure Calculator
📕 15-page Legal Implications guide
📘 S.O. 4710/4711 explainer with a 37-point checklist and FAQs

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👤 BUILT BY
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Ranjeet Singh, CHRO and founder of ElevHR, with 20+ years of Indian labour law practice.

ℹ️ A compliance tool based on the Code on Wages, 2019, the Central Rules, 2026 and S.O. 4710(E) & 4711(E), as understood on 7 Oct 2026. Not legal advice.