Interactive Webinar on

The Payment of Bonus Act 1965

Understanding the Law & Procedures

On

7th November 2025

02:00 PM to 05:00 PM

By

Mr. V Sharma

Corporate Trainer & Consultant HR

LLB, MBA-HR, PGD-PM&IR, PG Dip Labour Laws & Labour Welfare, Ph.D - Research Scholar

Introduction:

The Payment of Bonus Act, 1965 is a landmark legislation ensuring that employers share the profit of the establishments by way of statutory bonus. It creates a framework that balances the rights of employees with the financial capacity of employers.

Despite being one of the most widely applicable labour laws, the Act often raises complex questions around applicability, profit computation, set-on and set-off, forfeiture, and compliance requirements.

Non-compliance with bonus provisions exposes employers to legal risks, financial liabilities, and reputational damage. HR professionals, compliance managers, and finance leaders must therefore gain a holistic understanding of the Act, the Rules framed thereunder, and the evolving interpretation by courts of law.

This training program is designed to provide in-depth, practical, and case law–based learning on the Act and Rules, enabling participants to ensure full compliance while aligning with organizational policies

Objective:

·      Understand the scope and applicability of the Payment of Bonus Act, 1965 across different types of establishments.

·      Comprehend the provisions relating to eligibility, qualification, and disqualification of employees for receiving bonus.

·      Apply knowledge of minimum and maximum bonus limits as prescribed under law.

·      Gain clarity on calculation of gross profit, available surplus, and allocable surplus under different business scenarios.

·      Interpret and apply the principles of set-on and set-off across multiple years.

·      Examine legal provisions with the help of relevant Supreme Court and High Court judgments.

·      Learn about the statutory records, registers, and returns to be maintained under the Bonus Rules, 1976.

·      Understand the provisions related to ex-gratia payments, due dates, and monthly bonus payments.

·      Appreciate the interface of Bonus Act with other labour laws, particularly ESI and PF.

·      Build the ability to handle employee queries, inspections, and disputes relating to bonus payment.

Who Should Attend:

·      Corporate HR Heads ( from Commercial and Service Industries)

·      HR Operations Heads/ Manager HR/ Personnel & Admin Managers

·      Accounts and Finance personnel

·      Corporate Compliance Personnel

·      Labour Law Practitioners and Compliance personnel

·      HR Executives handling Leave Accounting and Payroll Management

Contents

Ø Overview of the Payment of Bonus Act, 1965

ü Scope and applicability on establishments

ü Understanding the infancy period exemption

 

Ø Applicability to Employees

ü Coverage of employees under salary/wage thresholds

ü Bonus entitlement of contract labour — case law perspectives

ü Qualification requirements for entitlement

ü Disqualification & forfeiture of bonus – misconduct, fraud, riotous behavior, etc.

 

Ø Computation of Bonus

ü Minimum and maximum statutory bonus limits

ü Concepts of available surplus and allocable surplus

ü Gross profit computation: manufacturing vs. non-manufacturing companies

 

Ø Advanced Provisions

ü Set-on and Set-off mechanism under Section 15

ü Carry forward rules and illustrations with examples

ü Ex-gratia payments: treatment and adjustment against statutory bonus

ü Provisions relating to monthly payment of bonus

 

Ø Compliance & Administration

ü Due date of payment of bonus under Section 19

ü Treatment of probationers, trainees, and employees joining/leaving mid-year

ü Applicability of PF and ESI contributions on bonus payments

ü Required statutory registers and records under Bonus Rules, 1976

ü Filing of annual return in Form D

 

Ø Judicial Interpretations & Case Studies

ü Landmark judgments of the Supreme Court and High Courts on bonus Act

ü Case laws on contract labour and bonus entitlement

ü Case laws on forfeiture of bonus and employee misconduct

ü Case laws on ex-gratia vs. statutory bonus

Profile of Faculty

Mr. V Sharma - Corporate Trainer & Consultant HR

LLB, MBA-HR, PGD-PM&IR, PG Dip Labour Laws & Labour Welfare, Ph.D - Research Scholar

Mr V Sharma having 25 years of professional experience in reputed industries in which he worked at senior positions as HR & IR Heads at Lakshmi Precisions, Talbros Automotive Components, Vikas Group- Faridabad, JBM Group, Havells India Ltd., and Aisin Automotive Haryana Pvt Ltd.

Since last 3 years, has organised 100+ Training Programs on Labour and Employment Laws across India, related to Changes & Updates on Labour Laws, New Labour Codes, Disciplinary Action & Domestic Enquiry, Contract Labour Management and Laws related to Shops and Establishments.

He has been a regular Trainer on various programs including Labour & Industrial Laws, Contract Labour Management, Factories Act, Gender Sensitivity (POSH), Environmental Laws and Interviewing Skills and Personality Development etc.

Besides being a regular trainer, he has been visiting faculty at Jamia Milaia Islamia University and GLA University, Mathura.

Pre-requisites

You should have good internet connection and good quality headphone/speaker set with Laptop / Desktop.

You should have notepad/pen to note down important points.

How To Register

Fee Structure: - Per participant

Rs. 5000/-

USD 91

­­­­18% GST is applicable

> Fees include certificate of participation & Course Material.

*Terms & Conditions apply

 

Best regards

For GFORD Institute of Management Pvt Ltd

Deepak Kapoor

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