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Labour & Employment Department, Government of Gujarat
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Salient Features of the The Payment of Bonus Act - 1965

Important Sections
Applicability (State Amendment applies to employers employing 10 or more employees.)Section 1(3)
Accounting yearSection 2(1)
Allocable surplusSection 2(4)
Available surplusSection 2(6)
Appropriate Government Section 2(5)
Banking companySection 2(8)
CompanySection 2(9)
Co-operative SocietySection 2(10)
EmployeeSection 2(13)
EmployerSection 2(14)
Establishment in private sectorSection 2(15)
Establishment in public sectorSection 2(16)
FactorySection 2(17)
Salary or wagesSection 2(21)
Computation of Gross ProfitsSection 4
Computation of available surplusSection 5
Eligibility for bonusSection 8
Disqualification for Bonus Section 9
Payment of maximum BonusSection 11
Calculation of bonus with respect to certain employeesSection 12
Set on & Set off of allocable surplusSection 15
Special provision with respect to certain establishmentsSection 16

Adjustment of customary or interim bonus against the payable bonus under the Act

Section 17
Time limit for the payment of bonusSection 19
Recovery of bonus due from on employerSection 21
Act not to apply to certain classes of employeesSection 32
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