Delhi Mandates Payment of Bonus by Establishment before Deepawali

The principal employer of the establishments is responsible to ensure compliance and disbursement of bonus to outsourced workers/employees by their contractors in the forthcoming Deepawali festival season.

The Minimum bonus payable under the Payment of Bonus Act, 1965 shall be:

• @ 8.33% of the basic and dearness allowance to the employees/workers as per the Act.
• Bonus is payable with 8 months of the closing of the accounting year however it is customary to pay the bonus before Deepawali.