Payment of Bonus Act 1965 with the Payment of Bonus Rules 1975 [Bare Act with Section Notes] by Taxmann is a comprehensive and authoritative statutory reference on the law governing payment of bonus to employees in India. The publication presents the fully updated text of the Act, Rules, Schedules, and prescribed Forms, supplemented with clear section-wise notes and editorial explanations. It offers practical clarity on eligibility, minimum and maximum bonus, computation of allocable surplus, set-on and set-off, payment timelines, compliance requirements, penalties, and dispute-resolution mechanisms. Updated for the 2026 Edition, the book serves as a reliable resource for legal practitioners, HR and compliance professionals, employers, accountants, students, and researchers.
