The Payment of Bonus Act, 1965 along with Rules, 1975

Payment of Bonus Act, 1965 alongwith Rules, 1975, As Amended by The Payment of Bonus (Amendment) Act, 2015.

This edition of The Payment of Bonus Act, 1965 (Act 21 of 1965), updated with all amendments including The Payment of Bonus (Amendment) Act, 2015 (6 of 2016) and incorporating changes with effect from 1-4-2014, serves as a comprehensive and reliable legal reference for students preparing for the All India Bar Examination (AIBE), as well as professionals in law, human resources, industrial relations, and corporate compliance.

The book presents the bare text of the law—precisely as enacted—without commentary or interpretation, making it ideal for examination purposes and statutory referencing. It also includes allied rules, relevant notifications, and appointments of authorities, providing a practical framework for implementation and compliance.

The content spans the full scope of the Act, including:

• Statutory provisions governing payment of bonus to employees

• Eligibility criteria, computation formula, and bonus limits

• Minimum and maximum bonus provisions and set-off/set-on mechanism

• The Payment of Bonus Rules, 1975 (as amended)

• Notifications appointing Inspectors and specifying their jurisdiction

• Notifications designating authorities to receive complaints and their jurisdictional limits

• Text of The Payment of Bonus (Amendment) Act, 2015 for quick reference

This edition is particularly suitable for:

• AIBE aspirants seeking a statutorily accurate and updated resource

• Law students and academicians studying labour and industrial laws

• HR professionals ensuring statutory compliance in bonus payments

• Practising advocates handling labour disputes and employment law cases

• Corporate compliance officers and consultants advising on employee benefits

Whether used in the exam hall, the office, or the courtroom, this updated text delivers the full legislative authority of The Payment of Bonus Act, 1965, as it applies in 2025.